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International Journal of Business and Economics

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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