FinTech is an emerging financial innovation model that promotes a "technological anti-corruption" effect. Credit … corruption is a worldwide problem; however, previous studies have not focused on the anti-corruption effect of FinTech. This … study first uses micro data from FinTech companies to construct city-level FinTech measurement indicators in China. An …

This study examines the relations between leverage and investment in China's listed firms, where corporate debt is …-owned banks in China impose fewer restrictions on the capital expenditures of low growth and poorly performing firms and also …

This paper investigates the impacts of board's corruption culture on the financing costs of firms. Evidence shows that … corruption culture in their boards. The results are robust to controlling for the endogenous matching between firms and boards … using a variety of econometric techniques. We further document that the effect of the board's corruption becomes stronger …

adequacy ratio and liquidity ratio. By compiling a complete list of cross-border acquisitions in China's banking sector, we …

This paper investigates the effects of political connections and local corruption on the structures of firms' bank … with connected banks; such firms maintain these bank pool structures when corruption is prevalent in their home provinces …. Results demonstrate that local corruption is associated positively with number of banks and diversification of bank ownership …