The present paper estimates the impact of bureaucratic corruption on access to finance of small and medium …-size enterprises in 114 developing countries. Corruption can hurt small and medium-size enterprises' access to finance by lowering … adverse effect of higher corruption on small and medium-size enterprises' access to finance. An increase in corruption from …

the institutions in those environments. Governments can have a positive role in shaping SME development. However …, corruption exists especially in countries with weak government institutions. Literatures on corruption and firm performance … indicate that corruption can either grease or sand business performance and operations. This paper analyzes this relationship …

Exploiting China's anti-corruption campaign, we show that following a decrease in corruption, firm performance improves …. Small and young firms benefit more. We identify the channels through which corruption hampers firm performance. Following … the anti-corruption campaign, the allocation of capital and labor becomes more efficient. Firms operating in ex ante more …

business growth seem also to depend on a fourth element, namely, corruption. Specifically, labor regulation affects the growth … only of enterprises for which corruption is not a factor in business decisions. By contrast, power shortages seem to be a … drag on the growth only of enterprises self-reportedly held back by corruption. Lastly, sales growth is constrained by cash …

factor, namely, corruption. The rate of fixed investment is significantly lower where power shortages are more severe and …-reportedly affected by corruption. Although access to finance does not seem to influence the rate of investment for most firms, there is … evidence that investment decisions are constrained by cash flow in enterprises that are unaffected by corruption or power …

While tax corruption is widespread in many countries with inferior business environments, it is unclear how the … corruption in a transition economy. Using a longitudinal dataset consisting of small- and medium-sized enterprises in Vietnam … tax corruption and are willing to offer higher amounts of bribe payments. We also find that improving the quality of the …

This paper examines the effect of corruption on the financial fragility of small and medium enterprises (SMEs) across … association between corruption and corporate financial fragility. We find evidence that an increase in the degree of corruption is … corruption is significantly associated with the financial fragility of firms in developed countries. Furthermore, we find that …