The Impact Of Corruption (Bribes To Government Officials) On Firms's Performance - Evidence From Vietnam

Abstract

Corruption, defined as the act of bribery, poses a significant threat to the operations of companies. This study aims to examine the negative impacts of corruption on firm performance, with a specific focus on value-added. The study utilizes a fixed-effects model and data from SMEs to analyze. Its findings imply that reducing corruption is essential for the development of SMEs in Vietnam. The study provides valuable insights into the effects of corruption on firm performance and offers recommendations for preventing corruption and promoting transparent and responsible business activities.