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Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar

In this subtle and complex environment, fighting corruption, promoting transparency, and strengthening the country are critical to avoid further conflict and maintain peace in a new paradigm of globalization. As international businesspeople, they will face more complex tasks as compared to doing dom...

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Main Authors: Mohd Ali, Nor Amira, Abdul Gafar, Muhammad Hanif
Format: Book Section
Language:English
Published: Universiti Teknologi MARA, Kedah 2023
Subjects:
Social psychology
Social control
Online Access:https://ir.uitm.edu.my/id/eprint/100473/1/100473.pdf
https://ir.uitm.edu.my/id/eprint/100473/
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spelling my.uitm.ir.1004732024-09-27T13:34:46Z https://ir.uitm.edu.my/id/eprint/100473/ Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar Mohd Ali, Nor Amira Abdul Gafar, Muhammad Hanif Social psychology Social control In this subtle and complex environment, fighting corruption, promoting transparency, and strengthening the country are critical to avoid further conflict and maintain peace in a new paradigm of globalization. As international businesspeople, they will face more complex tasks as compared to doing domestically. They should obey the laws not only of their home country but also the laws of the host countries in which it operates. Both home country and host country laws can effectively affect how international firms conduct business. One of the important parts of any business decision is to assess the political environment in which a firm operates. Many firms will be assessing the political climate in their home country conveniently. But assessing the political climates in other countries is more challenging and problematic. Ricky and Michael (2020) mentioned that political risk is any changes in the political environment that may adversely affect the value of a firm’s business activities. Thus, any activity which has the potential to harm a business's performance will be considered a risk to the business’s growth. Corruption is one of the political environment actors which has a significant effect on business performance. To measure whether the country is corrupt, it can derive and read from the Transparency International Corruption Perception Index (CPI), which is used as a proxy for assessing the level of government corruption for each economy (World Economics, 2021). The index is based on a scale of 0 to 100, where 0 is absolute corruption, and 100 is no perception of government corruption. In other words, CPI is also an important indicator of a country’s economic stability and growth potential, and whether it can attract more investors. Universiti Teknologi MARA, Kedah 2023-06-13 Book Section NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/100473/1/100473.pdf Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar. (2023) In: FBM INSIGHTS. Universiti Teknologi MARA, Kedah, Universiti Teknologi MARA, Kedah, pp. 56-58. ISBN 2716-599X
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Social psychology
Social control
spellingShingle Social psychology
Social control
Mohd Ali, Nor Amira
Abdul Gafar, Muhammad Hanif
Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar
description In this subtle and complex environment, fighting corruption, promoting transparency, and strengthening the country are critical to avoid further conflict and maintain peace in a new paradigm of globalization. As international businesspeople, they will face more complex tasks as compared to doing domestically. They should obey the laws not only of their home country but also the laws of the host countries in which it operates. Both home country and host country laws can effectively affect how international firms conduct business. One of the important parts of any business decision is to assess the political environment in which a firm operates. Many firms will be assessing the political climate in their home country conveniently. But assessing the political climates in other countries is more challenging and problematic. Ricky and Michael (2020) mentioned that political risk is any changes in the political environment that may adversely affect the value of a firm’s business activities. Thus, any activity which has the potential to harm a business's performance will be considered a risk to the business’s growth. Corruption is one of the political environment actors which has a significant effect on business performance. To measure whether the country is corrupt, it can derive and read from the Transparency International Corruption Perception Index (CPI), which is used as a proxy for assessing the level of government corruption for each economy (World Economics, 2021). The index is based on a scale of 0 to 100, where 0 is absolute corruption, and 100 is no perception of government corruption. In other words, CPI is also an important indicator of a country’s economic stability and growth potential, and whether it can attract more investors.
format Book Section
author Mohd Ali, Nor Amira
Abdul Gafar, Muhammad Hanif
author_facet Mohd Ali, Nor Amira
Abdul Gafar, Muhammad Hanif
author_sort Mohd Ali, Nor Amira
title Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar
title_short Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar
title_full Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar
title_fullStr Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar
title_full_unstemmed Corruption perception index: investor and Malaysia / Nor Amira Mohd Ali and Muhammad Hanif Abdul Gafar
title_sort corruption perception index: investor and malaysia / nor amira mohd ali and muhammad hanif abdul gafar
publisher Universiti Teknologi MARA, Kedah
publishDate 2023
url https://ir.uitm.edu.my/id/eprint/100473/1/100473.pdf
https://ir.uitm.edu.my/id/eprint/100473/
_version_ 1811598157358825472
score 13.211869

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