Corruption is a factor that affects a company severely either directly or indirectly. It may have a positive or … of corruption as an obstacle to business performance. It also identifies which factors do have a substantial effect on … the perception of corruption by companies. The study was carried out using the logit model. The data used were obtained …

in exchange for favorable policy decisions? Using the corruption scandal involving the top Washington D.C. lobbyist Jack … significant decrease in market value following the guilty plea by Mr. Abramoff to bribery and corruption. A firm that spent $100 … event window around the passage of the anti-corruption law. We find that the negative association between lobbying and firm …

I study how the corporate corruption culture of foreign suppliers and customers influences the propensity and magnitude … of financial misconducts of US corporations. Using the World Bank Corruption Control Index, I find that firms connected … to customers( suppliers) from countries with higher corruption culture are more likely to engage in financial misconduct …

We study the effects of corruption on the capital structures of firms in 72 countries. Using the Corruption Perception … Index, we show that corruption increases the costs of debt and equity. Interestingly, as the level of corruption decreases …, these costs become more sensitive to changes in corruption. Similarly, the capital structure adjustment speeds exhibit a non …