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stability in fighting corruption and boosting corruption-control in 53 African countries for the period 1996-2010. We postulate … corruption-control. On the other hand, in the absence such impunity from corruption, political instability further fuels … corruption. Our findings validate both hypotheses. Hence, contrary to a stream of the literature, we establish causal evidence of …
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Data from several investor surveys suggest that macroeconomic instability, investment restrictions, corruption and … markets promote FDI. However, lower inflation, good infrastructure, an educated population, openness to FDI, less corruption … corruption from the level of Nigeria to that of South Africa has the same positive effect on FDI as increasing the share of fuels …
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Data from several investor surveys suggest that macroeconomic instability, investment restrictions, corruption and … markets promote FDI. However, lower inflation, good infrastructure, an educated population, openness to FDI, less corruption … corruption from the level of Nigeria to that of South Africa has the same positive effect on FDI as increasing the share of fuels …
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corruption, impact on corporate cash holding decisions in Africa. We used a sample of 541 listed firms from seven African … in accordance with the precautionary motive of cash holdings. Moreover, corruption is positively related to cash holdings … relationship between political instability and corruption, and corporate cash holdings for African countries …
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This paper attempts an empirical examination of the interaction between corruption, political instability and the … 1960 to 2016. Our results provide evidence of a unidirectional relationship going from corruption to political instability … and from political instability to the mortality rate. We also find that an increase in corruption can create a climate of …
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