Corruption and Foreign Investment with Michael Pagano, PhD

When investors send their money abroad, they want to understand the foreign market. Each country has different customs, rules and levels of corruption. Not surprisingly, transparent countries are easiest to invest in. However, it turns out that a little corruption is worse than a lot. Find out why in this episode of Inspiring Minds as Jeanette Ding ’16 VSB interviews Michael Pagano, PhD, Professor, Finance and The Robert J. and Mary Ellen Darretta Endowed Chair in Finance.