Capital flight may undermine economic growth and the effectiveness of debt relief and foreign aid. This paper is the first attempt to test whether unsound macroeconomic policies or weak institutions lead to capital flight using panel data for a large set of developing emerging market and...

Research on corporate philanthropy provides important information on the trends, patterns and Rationales for corporate giving. In this regard, the impact of exogenous variables on corporate donations is an interesting topic that merits emphasis. There is both theoretic and empirical literature...