Corruption and SME growth: the roles of institutional networking and financial slack
研究了加纳212家中小企业中，感知腐败如何通过制度网络影响企业成长，并发现财务冗余会增强腐败与制度网络的正向关系。
Abstract In this study, we investigate the mediating effect of institutional networking on the relationship between perceived corruption and the growth of small and medium-sized enterprises (SMEs). We also examine the moderating impact of financial slack on the relationship between perceived corruption and institutional networking. We test our moderated mediation model using data from 212 SMEs operating in Ghana. The findings from the study show that perceived corruption is positively related to institutional networking and this relationship is amplified when levels of financial slack are greater. The findings also show that institutional networking positively mediates the relationship between perceived corruption and SME growth. Theoretical and practical implications are discussed.