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over the period 2003-2014 using rich micro-data on corruption and firms. After anti-corruption audits, municipalities … administrative firm level datasets and face-to-face firm surveys, we argue that corruption mostly acts as a tax on the local economy …
Persistent link: https://www.econbiz.de/10012854549
the world. This paper examines the extent to which government audits of public resources can reduce corruption by …Political corruption is considered a major impediment to economic development, and yet it remains pervasive throughout … enhancing political and judiciary accountability. We do so in the context of Brazil's anti-corruption program, which randomly …
Persistent link: https://www.econbiz.de/10011507872
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 …
Persistent link: https://www.econbiz.de/10012908696
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 …
Persistent link: https://www.econbiz.de/10013242403
In a largely corruption-free environment, anti-corruption agencies, ethics offices, and ombudsman strengthen the … standards of accountability. In countries with endemic corruption, however, the same institutions function in form but not in …
Persistent link: https://www.econbiz.de/10010524227
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This chapter provides a framework for the evaluation of anti-corruption programs. The impact of corruption on public … corruption is a symptom of failed governance and hence curtailing corruption requires addressing the causes of bad governance …. Nevertheless, the menu of potential actions to curtail corruption is very large, so a framework is needed that guides ordering …
Persistent link: https://www.econbiz.de/10012320461
public corruption to explain the significant cause of cross-country variation in immunization progress. We suggest that … countries with a higher degree of public corruption before the pandemic have been less successful in the vaccination of their …
Persistent link: https://www.econbiz.de/10012622723
This paper evaluates whether the level of public corruption influences COVID-19 case fatality rates. Using cross …-section data, including 64 countries and multiple regression techniques, we find that the level of corruption is positively and …
Persistent link: https://www.econbiz.de/10013239558