Corruption and MNCs’ entry mode. An empirical econometric study of Portuguese firms investing in PALOPs

Extant literature on FDI entry modes and corruption tend to convey the idea that corruption leads to the choice of low equity, i.e. joint-ventures with local partners, or non-equity modes, namely export and contracting, in order to avoid the contact with corrupt state officials. Recently, however, Demirbag et al. (2010) argument that, despite corruption, linguistic and historical ties between home and host countries guide MNCs to prefer high equity modes (namely, wholly-owned subsidiaries). Focusing on a rather unexplored setting, the African countries, most specifically the PALOP (Países Africanos de Língua Oficial Portuguesa), which includes countries with both very high (Equatorial Guinea, Guinea-Bissau, and Angola), high (Mozambique, São Tome and Principe) and middle (Cape Verde) levels of corruption, and that maintain quite close linguistic and historical ties with Portugal, we aim at testing Dermirbag’s argumentation; in particular, we aim at assessing the extent to which PALOP’s corruption levels influence the entry modes of Portuguese MNCs in these countries.Corruption, Emerging Economies, Entry mode

Corruption and MNCs' entry mode. An empirical econometric study of Portuguese firms internationalizing to PALOPs.

Economia e Gestão InternacionalMaster in International Busines

Characterisation of microbial attack on archaeological bone

As part of an EU funded project to investigate the factors influencing bone preservation in the archaeological record, more than 250 bones from 41 archaeological sites in five countries spanning four climatic regions were studied for diagenetic alteration. Sites were selected to cover a range of environmental conditions and archaeological contexts. Microscopic and physical (mercury intrusion porosimetry) analyses of these bones revealed that the majority (68%) had suffered microbial attack. Furthermore, significant differences were found between animal and human bone in both the state of preservation and the type of microbial attack present. These differences in preservation might result from differences in early taphonomy of the bones. © 2003 Elsevier Science Ltd. All rights reserved