Multilevel determinants of MNC corruption risk

We explore the multi-level determinants of firm-level corruption risk among multinational corporations (MNCs) in both developed and developing market economies a comparative context. argue that institutional regulatory environments affect MNCs’ anti-corruption performance. employ comprehensive measure MNC find evidence for influence country-level effects, while financial characteristics also Furthermore, effects differ between markets. In general, our framework results highlight utility strong legal environments, particularly markets, to combat risk.