Bermpei, Theodora; Christofi-Hau, Christine; Kalyvas, … - 2021
shapes the relationship between public corruption and the cost of bank loans. We find strong evidence that banks led by CEOs … high local public corruption in the state of the borrowing firms. We find some similar evidence for banks led by CEOs that … as the matching between borrowing firms from states with high corruption and the cultural heritage of bank CEOs, omitted …