Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorTan, Dennis Cher Jingen_US
dc.contributor.authorTan, Joan Wei Lingen_US
dc.contributor.authorNg, Kenneth Cheng Hangen_US
dc.description.abstractCultural difference has emerged as one of the most powerful factors of corruption and institutional quality among the broadly recognized range of factors such as the level of economic development, type of institutions, disease environment, political backgrounds and colonial histories. The role of how individualism could affect bribery risks in international business transactions among countries remains relatively unexplored and elusive. Moreover, individualism is recognised as the most significant cultural dimension by cross-cultural psychologists. This paper attempts to fill this gap in the literature by exploring the repercussions of a specific aspect of culture - individualism on the level of bribery risks, which is one of the distinctive measures of corruption. We hypothesise that the effect of individualism should exert a negative impact on countries’ bribery risks. Using the TRACE Bribery Risk Matrix for the years 2014 to 2018 for 99 countries to measure bribery risks, our empirical evidence supports the notion that individualistic cultures are associated with lower bribery risks. This can be further explained especially in countries possessing high scores for certain economic characteristics such as high GDP growth and average years of schooling. Overall, our research supports existing literature which argued that cultural factors have a crucial effect on the development of institutional quality.en_US
dc.publisherNanyang Technological Universityen_US
dc.subjectSocial sciences::Economic developmenten_US
dc.subjectSocial sciences::Economic theoryen_US
dc.titleThe effect of individualism on bribery risksen_US
dc.typeFinal Year Project (FYP)en_US
dc.contributor.supervisorJames Angen_US
dc.contributor.schoolSchool of Social Sciencesen_US
dc.description.degreeBachelor of Arts in Economicsen_US
item.fulltextWith Fulltext-
Appears in Collections:SSS Student Reports (FYP/IA/PA/PI)
Files in This Item:
File Description SizeFormat 
HE_1AY1920_5 Full Report (DR NTU).pdf
  Restricted Access
1.37 MBAdobe PDFView/Open

Page view(s)

Updated on Mar 22, 2023

Download(s) 50

Updated on Mar 22, 2023

Google ScholarTM


Items in DR-NTU are protected by copyright, with all rights reserved, unless otherwise indicated.