Effect and the role of Corruption on Situation of Business in Selected Countries Of world

Seyed Adel Khorasani¹ Nazanin Nasirian² Gholam Mohammad Nasirian³

1) Mr Seyed Adel Khorasani
2) Mrs Nazanin Nasirian
3) Mr Gholam Mohammad Nasirian

IOI Code : XYCH-AEBKH
Publication : 3rd International conference on Management , Economics and Humanities(icmeh.org)
Abstract :
    Business environment determines the economic situation of each country. As we know business and trade security guarantee health of the economy, the growth of production, domestic and foreign investment. among these the corruption in the state administration as well as major institutions and private topics such as bribery, lawlessness and other cases of abuse of power at different levels of government and the economy is very important. Hence, this study has investigated Effect of corruption on Business in Selected Countries Of world (including 78 Country) for the period 2005-2013 by using a panel data method. In this study, at first investigated the relationship between the situation of business environment and the size of government by using granger causality and determine Optimal lag by using Akaike s Criterion and relationship sake by using panel data method. The Results show that and Corruption is granger causality Situation of Business. The results show that there is a negative relationship between Situation of Business and Corruption, which means that decrease in Size of Government improved Situation of Business.

Keywords : business corruption causality relationship optimal lag akaike s criterion panel data