Corrupção, desempenho e regionalidade: evidências para empresas na América Latina

Abstract

In recent literature, it is not new studies concerned with explaining the impact of corruption on public or private activities in specific countries, regions and even sectors. This literature almost always relates corruption to specific economic impacts, using qualitative and quantitative methods that prove the weaknesses of the markets in relation to the crime of corruption. The present study seeks, as a general objective, to investigate the relevance of controlling this corruption and the performance in companies in Latin America, answering the following research question: What is the relationship between corruption control and the performance of publicly traded companies in the countries Brazil, Argentina, Chile, Colombia Mexico and Peru. As for the methodology, it has a descriptive character and a quantitative approach with secondary data. Performance variables include ROA, return on assets and Tobin's Q index. The results corroborate with the literature and international organizations that corruption is harmful and its control is essential for the performance of companies in specific countries, sectors and regions.