2021/05/25 by Javier Sánchez Vidal, Sanchez-Vidal, F. Javier, Camino Ramón-Llorens +1
Business, Management and Accounting · Computer Science · Social Sciences · #Corporate Finance and Governance #Corruption and Economic Development #Economic Growth and Development #FOS: Economics and business #General Economics (econ.GN)
paper · pdf · doi:10.48550/arxiv.2105.11829
openalex publication_date 2021/05/25 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
Based on the Global Entrepreneurship Monitor (GEM) surveys and conducting a panel data estimation to test our hypothesis, this paper examines whether corruption perceptions might sand or grease the wheels for entrepreneurship inside companies or intrapreneurship in a sample of 92 countries for the period 2012 to 2019. Our results find that the corruption perception sands the wheel for intrapreneurship. There is evidence of a quadratic relation, but this relation is only clear for the less developed countries, which sort of moderate the very negative effect of corruption for these countries. The results also confirm that corruption influences differently on intrapreneurship depending on the level of development of the country.