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Keywords: foreign investment
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Journal Articles
Journal:
The Accounting Review
The Accounting Review (2022) 97 (5): 189–219.
Published: 01 September 2022
..., has a significant deterrent effect on foreign direct investment in high-corruption-risk countries. The decrease in investment is at least as large for non-U.S. as for U.S. firms, suggesting that widespread extraterritorial enforcement helps to create a level foreign investment playing field. Firms...