Using a macro panel of 31 European countries, this paper explores the hypothesis that cross-country differences in the … by countries' political, institutional and legal characteristics and particularly by the level of perceived corruption in … notwithstanding, results indicate that corruption and poor institutional quality significantly interact with economic cofactors and …

We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …

of corruption in a nation after joining the Union has not been formally studied. Any nation that joins the European Union … potentially faces two different and opposite effects on corruption. On the one hand, there are reasons to believe that corruption … is going to decrease because of the efforts of the EU to fight corruption or because of the opening of the markets to …

The destructive role of institutional quality such as corruption has been considered an important factor for economic …. This research examines the institutional role in controlling corruption within the preview of CO2 emissions-economic growth … nexus for the European Union. The study evaluates the moderating impact of corruption on the relationship between CO2 …

identification of a further control variable affecting stock performances: corruption. The goal of this study is an enquiry about the … connections between European industrial stock returns and a macroeconomic index of corruption in order to assess the impact of … corruption in the performances of listed European industrial companies. This paper is organized as follows: the first paragraph …

investments. Furthermore, far too little attention has so far been paid to how corruption relates to the performance of foreign … should fight against informal payments in bureaucracy to create corruption free environments, so that multinationals are …

legal corrupt practices. At the beginning, the concept of corruption under the Act on the Central Anticorruption Bureau was … work, the characteristic features of corruption were presented and discussed. At this point was emphasized the importance … of corruption for the system of power and the functioning so-called closed systems. Then was made an attempt to indicate …

This paper critiques the portrayal of the utilization of CAP funds as forms of corruption in eastern Europe. This study … state. Analysis of the challenge of corruption in Bulgaria from the CAP point of view provides an opportunity to explore …

Public sector corruption affects economic and financial outcomes, such as GDP growth, foreign direct investment, and … government funding costs. Less is known about the spillovers from perceptions of public sector corruption on the private sector … corporate bond market. In this paper, we assess the role of public sector corruption perception on corporate bond market …

In this study, we investigate the correlation between corruption risk and the level of education in European sub … educational attainment is associated with lower corruption risk and a higher level of control of corruption, indicating that … better-educated locals may force authorities to limit corruption risk as they have less tolerance for corrupt behavior. In …