Grease or Sand in the Wheels of Commerce? Firm Level Evidence on Corruption and SMES

• Main Authors: Mendoza, Ronald U, Lim, Ricardo A, Lopez, Anne Ong
• Format: text
• Published: Archīum Ateneo 2015
• Subjects: Business Law, Public Responsibility, and Ethics; Economics
• Online Access: https://archium.ateneo.edu/asog-pubs/120; https://onlinelibrary.wiley.com/doi/abs/10.1002/jid.3077
• Institution: Ateneo De Manila University

Bribes can either put ‘grease’ or ‘sand’ in the wheels of commerce, affecting firm performance (at the micro‐level) and, ultimately, economic growth (at the macro‐level). This study examines this issue using a unique and exceptionally rich dataset on over 2000 micro, small and medium scale enterpris...