International Journal of Business and Economics Volume 6, No. 2 August, 2007

An Empirical Analysis of Socioeconomic Patterns of Host Country Transparency

George Emm. Halkos

Department of Economics, University of Thessaly, Greece

Nickolaos G. Tzeremes

Department of Economics, University of Thessaly, Greece

Abstract

Within the host country environment, the levels of corruption in a country's institutional structures influence the behavior of foreign-owned subsidiaries. Our empirical results suggest that countries with the ability to reduce corruption in their institutional structures have common socioeconomic characteristics.

Keywords：business ethics, corruption, cultural dimensions, factor analysis, logistic regression, DEA.

JEL Classifications：C14, M20, Z19.

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