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finance, exposure to corruption, and sales growth. Relying on a data set of more than 70,000 firms in 121 countries, the … financial constraints than unaudited firms. On the other hand, audited firms face a significantly higher level of corruption … considerations of the endogeneity of auditing and to alternative measures of corruption and financial constraints. The findings …
Persistent link: https://www.econbiz.de/10012971795
Anti-corruption initiatives increasingly use multi-stakeholder groups, comprised of representatives from government … (individual incentives, organizational dynamics, country context, or international pressures) of the challenge confronting a multi …
Persistent link: https://www.econbiz.de/10012976261
corruption in a worldwide context. This is done by presenting the conceptual underpinnings of such relationship as well as using … superior and more defensible measures of both decentralization in its various dimensions as well as corruption for a sample of … governments, is shown to have significant negative effect on the incidence of corruption regardless of the choice of the …
Persistent link: https://www.econbiz.de/10012976539
Control of Corruption. The aggregate indicators are based on several hundred individual underlying variables, taken from a …
Persistent link: https://www.econbiz.de/10012966146
Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption. This …
Persistent link: https://www.econbiz.de/10014049000
Control of Corruption. The aggregate indicators are based on several hundred individual underlying variables, taken from a …
Persistent link: https://www.econbiz.de/10014190902
A new measure of cross-national corruption is constructed based on the geographic distribution of public officials … involved in cross-border corruption cases. A comparison is made between the Public Administration Corruption Index (PACI) and … increasingly valid cross-national measure of corruption …
Persistent link: https://www.econbiz.de/10012971363
as a result affect world prices for the specific products concerned. Market failures and market structures (market power … along the value chain) also affect supply. This paper briefly reviews a number of factors that may distort international … absence of policy -- generate international spillovers that call for the negotiation of international policy disciplines …
Persistent link: https://www.econbiz.de/10012975528
International mutual funds are one of the main channels for capital flows to emerging economies. Although mutual funds … strategies. The authors provide an overview of mutual fund activity in emerging markets. First, they describe international … than domestic U.S. funds and world funds. When investigating abroad, U.S. mutual funds invest more in equity than in bonds …
Persistent link: https://www.econbiz.de/10012946753
This paper presents an analytical framework that captures the informational problems and trade-offs that policy makers face when choosing between public goods (for example, infrastructure) and industrial policies (for example, firm- or sector-specific subsidies). After a discussion of the...
Persistent link: https://www.econbiz.de/10012957066