subsidy awards and depressed the influence of their corruption-related expenditures. We also examine the impact of these … changes: subsidies became significantly positively associated with future innovation after the anti-corruption campaign and …

possible to establish robust bounds on equilibrium corruption using only non-verifiable reports. Our analysis suggests a simple …

Political corruption is considered a major impediment to economic development, and yet it remains pervasive throughout … the world. This paper examines the extent to which government audits of public resources can reduce corruption by … enhancing political and judiciary accountability. We do so in the context of Brazil's anti-corruption program, which randomly …

We use China's recent anti-corruption campaign as a natural experiment to examine the (market expected) equilibrium … consequences of (anti-)corruption. We argue that the announcement of inspections of provincial governments by the Central … Commission for Discipline Inspection (CCDI) on May 17, 2013 represents a significant departure of past norms of anti-corruption …

possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … explicitly into account corruption level in host countries and using a firm-level data set on investment projects in 24 …

This paper studies the impact of corruption in a host country on foreign investor's preference for a joint venture … versus a wholly-owned subsidiary. There is a basic trade-off in using local partners. On the one hand, corruption makes local … hand, corruption decreases the effective protection of investor's intangible assets and lowers the probability that …

In this paper we analyze the link between corruption money laundering and round-trip investment via offshore … (namely, from Cyprus and British Virgin Islands) across Russia and compare them with the benchmark group of genuine foreign … investors in Russia. We further study the determinants of the fraction of round-trip investment in total foreign investment in …

transparency in fiscal transfer systems can increase accountability and reduce corruption in the implementation of a workfare …

In this paper we present the results from a "corruption game" (a dictator game modified so that the second player can …