firms whose managers or owners have no friends or relatives among the bureaucracy …

Can corruption improve economic efficiency? Scholars making economic policy recommendations to resolve corruption … accepting corruption operate, as well as explaining the importance of the agents for the survival of their environment. The rent … from the early period of transition in the Czech and Slovak Republics to support the implication that the corruption …

Corruption has a complex relationship with economic growth. We have explored the impact of corruption on credit risk …-performing loan (NPL) is used as a proxy for credit risk and data regarding NPL is collected from the World Bank Database. Corruption … between corruption and credit risk for the global sample. Generalized Methods of Moments regression and robustness tests …

main findings are that the corruption of the political principals may induce a situation in which the bureaucracy is … bureaucracy, and that the corruption of the political regime and the level of economic development may also affect bureaucratic …Most models of bureaucracy tend to assume a principal-agent model in which elected politicians delegate policy …

A high level of corruption usually constrains economic development in emerging countries. However, anti-corruption … the extent of bureaucrats’ heterogeneity in attitude to the problem of corruption. Due to the sensitivity of direct … questions on corruption, we conduct the list experiment among public procurement officials in Russia. We show that female …

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially …-country data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …

for private gain. We study the relationship between discretion and corruption in Italian government procurement auctions …, using a confidential database of firms and procurement officials investigated for corruption by Italian enforcement …, discretionary procedure auctions are associated with corruption only when conducted with fewer than the formally required number of …

We analyze the provision of infrastructure by a foreign investor when the domestic bureaucracy is corrupt, but puts … investment has been sunk, the bureaucracy may hold up the investor, using the threat of expropriation to demand a lower final …

suggests thaht corruption, which is likely to emerge in long term reciprocal relationships between public officials and …