Firm-level corruption and institutional environment: do they matter for the performance of multinational companies

Key Points

• The research aims to investigate how firm-level corruption and institutional environments influence the performance of multinational companies.
• Analyzed various multinational firms in different economic contexts
• Examined the relationship between corruption and institutional quality
• Used performance metrics to evaluate company success
• Multinational companies perform better in environments with lower corruption levels
• Strong institutional frameworks positively influence company performance
• Firms face challenges in corrupt environments, hindering their growth

Abstract