Williams, N, Radevic, D, Gherhes, C 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. 20-34. ISSN 1840-118X
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 South East European Journal of Economics and Business. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License. BY-NC-ND 3.0 |
Keywords: | Corruption; Entrepreneurship; Institutions; Transition economies |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Management Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 15 Feb 2018 12:21 |
Last Modified: | 25 Jun 2023 21:14 |
Status: | Published |
Publisher: | De Gruyter Open |
Identification Number: | 10.1515/jeb-2017-0014 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:127528 |