Firm efficiency, foreign ownership and CEO gender in corrupt environments
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F19%3A00518672" target="_blank" >RIV/67985998:_____/19:00518672 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11640/19:00518217
Result on the web
<a href="https://doi.org/10.1016/j.jcorpfin.2017.06.008" target="_blank" >https://doi.org/10.1016/j.jcorpfin.2017.06.008</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.jcorpfin.2017.06.008" target="_blank" >10.1016/j.jcorpfin.2017.06.008</a>
Alternative languages
Result language
angličtina
Original language name
Firm efficiency, foreign ownership and CEO gender in corrupt environments
Original language description
We study the effects of corruption on firm efficiency using a unique dataset of private firms from 14 Central and Eastern European countries from 2000 to 2013. We find that an environment characterized by a high level of corruption has an adverse effect on firm efficiency. This effect is stronger for firms with a lower propensity to behave corruptly, such as foreign-controlled firms and firms managed by female CEOs, while local firms and firms with male CEOs are not disadvantaged. We also find that an environment characterized by considerable heterogeneity in the perception of corruption is associated with an increase in firm efficiency. This effect is particularly strong for foreign-controlled firms from low corruption countries, while no effect is observed for firms managed by a female CEO.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GA15-15927S" target="_blank" >GA15-15927S: Firm production, efficiency, and corporate finance: An international perspective</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Corporate Finance
ISSN
0929-1199
e-ISSN
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Volume of the periodical
59
Issue of the periodical within the volume
December
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
17
Pages from-to
344-360
UT code for WoS article
000506727600018
EID of the result in the Scopus database
2-s2.0-85021984306