What is the long-term effect of organised crime presence on social capital accumulation? By leveraging novel social … capital and organised crime data, this study investigates this question within the Italian landscape. In an instrumental … variable (IV) setting, we exploit the forced resettlement law that compelled organised crime members living in the South of …

What is the long-term effect of organised crime presence on social capital accumulation? By leveraging novel social … capital and organised crime data, this study investigates this question within the Italian landscape. In an instrumental … variable (IV) setting, we exploit the forced resettlement law that compelled organised crime members living in the South of …

of literature by linking regional crime rates, an indicator of extreme breakdown of social capital, to corporate … reporting behaviours such as earnings management and tax avoidance. Utilizing borough-level crime rates in London, we show that … firms headquartered in boroughs with higher crime rates are more likely to engage in earnings management. We also find that …