Are there different determinants in the fight against corruption across developing countries? Why are some countries … more effective at battling corruption than others? To investigate these concerns we examine the determinants of corruption …-control throughout the conditional distribution of the fight against corruption using panel data from 46 African countries for the period …

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 …

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 …

Consistent with reduced expected corruption adding value overall, Chinese shares rise sharply on the December 4th 2012 … launch of major anti-corruption reforms, which started by curtailing extravagant spending by or for Party cadres. SOEs gain … investors expecting reduced corruption to complement and perhaps intensify the development of market institutions …

uncharacteristically detailed and concrete Party policy, initiating an extensive anti-corruption campaign and announced surprisingly soon … firms based in provinces with weak market institutions. We posit that limiting corruption cuts the valuations of these non …' valuations. Overall, these results are consistent with investors expecting the reforms to be meaningful and limiting corruption …