Williams, N., Radevic, D., Gherhes, C. orcid.org/0000-0003-2085-3580 et al. (1 more author) (2017) The nature of corruption affecting entrepreneurship in transition economies: some lessons from Montenegro. South East European Journal of Economics and Business, 12 (2). pp. 31-45.
Abstract
The aim of this paper is to examine how the institutional environment impacts the nature of corruption affecting entrepreneurship in transition economies. Drawing on a survey and in-depth interviews with entrepreneurs in Montenegro, the paper finds that corruption is a pervasive presence which has not been ameliorated despite economic reforms. Montenegro is a transition economy which has made significant strides in terms of creating a more open market economy. However, reforms have often overlooked corruption which remains prevalent, and the institutional environment has left space for officials and entrepreneurs to engage in corrupt practices. The paper shows that although it takes different forms, corruption can be viewed as a cultural impediment even if the majority of entrepreneurs are not exposed to it.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2017 by the School of Economics and Business Sarajevo. Reproduced in accordance with the publisher's self-archiving policy. |
Keywords: | Corruption; Entrepreneurship; Institutions; Transition economies |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 28 Sep 2017 15:41 |
Last Modified: | 14 Sep 2018 00:38 |
Published Version: | https://doi.org/10.1515/JEB-2017-0014 |
Status: | Published |
Publisher: | De Gruyter Open |
Refereed: | Yes |
Identification Number: | 10.1515/JEB-2017-0014 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:121694 |