promoted to positions of national leadership. To curb corruption, President Xi Jinping stepped up investigations and … reduction in corruption of between 50.1% and 43.6% in the provinces either targeted by the central inspection teams or whose … party secretary was replaced by one appointed by Xi himself. Accordingly, this crackdown on corruption has also …

This paper examines how political corruption affects M&A activities. By exploiting the public enforcement of the anti-corruption … corruption increases cross-region takeover activities by 40% and deal volume more than doubles. Further analysis reveals that the … behind these real effects on corporate investments. Reduction in corruption also leads to higher bidder returns and improves …

In this study we explore in detail the causes of corruption in China using two different sets of data at the regional … level (provinces and cities). We observe that regions with more anti-corruption efforts, histories of British rule, higher … heterogeneity, regulation, abundance of resource and state-owned enterprises substantially breed regional corruption. Moreover …

In this study we explore in detail the causes of corruption in China using two different sets of data at the regional … level (provinces and cities). We observe that regions with more anti-corruption efforts, histories of British rule, higher … heterogeneity, regulation, abundance of resource and state-owned enterprises substantially breed regional corruption. Moreover …

In this study we explore in detail the causes of corruption in China using two different sets of data at the regional … level (provinces and cities). We observe that regions with more anti-corruption efforts, histories of British rule, higher … heterogeneity, regulation, abundance of resource and state-owned enterprises substantially breed regional corruption. Moreover …

corruption. For this purpose, we designed and ran a lab experiment in Bonn (Germany) and Shanghai (China) with exactly the same …

This paper uses a multiple indicators and multiple causes (MIMIC) model and estimates the extent of corruption in 30 … Chinese provinces from 1995 to 2015. Treating corruption as an unobserved latent variable, the MIMIC results show that both … government size and public investment have significant positive effects on corruption, while fiscal decentralization, citizen …

This paper investigates the causal effect of corruption on entrepreneurship. We use staggered anti-corruption … investigations in China as exogenous shocks to conduct difference-in-differences estimation, and find that the country's anti-corruption … anti-corruption campaign: reduced rent seeking, improved government quality, technology spillover from innovation, and the …