THE RELATIONSHIP BETWEEN KEY FACTORS IN FOREIGN DIRECT INVESTMENT AND THE ADOPTION OF INTERNATIONAL CODE OF ETHICS

This study investigates the relationship between five-key factors in Foreign Direct Investment (FDI) and the adoption of the International Code of Ethics in developed and developing countries. The five-key factors in FDI are: Corruption Perception Index (CPI), country's total population, countr...

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Bibliographic Details
Published in:International journal of business and economics perspectives 2017-09, Vol.12 (1), p.52
Main Authors: Branson, Leonard, Yoder, Nicole
Format: Article
Language:English
Subjects:
Analysis
Corruption
Developing countries
Ethical aspects
Foreign direct investment
Online Access:Get full text
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Summary:This study investigates the relationship between five-key factors in Foreign Direct Investment (FDI) and the adoption of the International Code of Ethics in developed and developing countries. The five-key factors in FDI are: Corruption Perception Index (CPI), country's total population, country's literacy rate, trade and economic freedom score, and corporate tax rate. The results of this study revealed there are significant relationships between three-key factors in FDI (Trade and Economic Freedom score, country's literacy rate and corporate tax rate) and the adoption of the International Code of Ethics in the surveyed developed and developing countries. It was also found that there were no significant relationships between the other two-key factors in FDI (corruption Perception Index and country's total population) and the adoption of the International Code of Ethics in the same countries.
ISSN:1931-907X