“…Scholars have taken different approaches, such as the macro perspective, analyzing the impact of country-level factors -economic, social, legal and cultural -on corruption (Chen, Yasar, & Rejeus, 2008;Ferreira, Carreira, Li, & Serra, 2016;López & Santos, 2014;Martin, Cullen, Johnson, & Parboteeah, 2007;Mc Carthy, & Puffer, 2008;Svensson, 2003). Moreover, institutional factors such as political, legal, economic, and educational systems are at the same time antecedents and effects of corruption, creating a feedback loop which weaken national institutions (Judge, McNatt, & Xu, 2011).…”