Showing 1 - 10 of 355,550
that globalization has lead to a decrease in corruption as countries wishing to join the global economy must comply with … international anti-corruption rules and regulations. This study empirically explores this paradox using the Corruption Perceptions … exists between globalization and corruption. Specifically, the results of this study suggest that the effect of globalization …
Persistent link: https://www.econbiz.de/10013141461
We study the effect of a corruption reflection index on internal conflict in Iran using a novel measure of corruption … variance decomposition analyses to track the response of protests to shocks in the level of corruption. Using annual data from … 1962 to 2019, we find a positive and significant response of protests to a positive shock in the news-based corruption …
Persistent link: https://www.econbiz.de/10012803751
the crisis. Corruption affects the transmission channels of bank characteristics to Price-to-Book (PB) valuation ratios …We relate the valuation dynamics of global systemically important banks (G-SIB) to levels of public sector corruption … in their country of domicile. We show that G-SIB valuations benefitted from higher perceived public sector corruption …
Persistent link: https://www.econbiz.de/10013292857
We study the effect of a corruption reflection index on internal conflict in Iran using a novel measure of corruption … variance decomposition analyses to track the response of protests to shocks in the level of corruption. Using annual data from … 1962 to 2019, we find a positive and significant response of protests to a positive shock in the news-based corruption …
Persistent link: https://www.econbiz.de/10013307210
We review heterogeneous agent-based models of financial stability and their application in stress tests. In contrast to the mainstream approach, which relies heavily on the rational expectations assumption and focuses on situations where it is possible to compute an equilibrium, this approach...
Persistent link: https://www.econbiz.de/10011906282
Different from the commonly envisioned benefit of digital payment in reducing corruption, we show, in a difference …-in-differences analysis of mobile payment adoption in 198 jurisdictions, that mobile payment adoption increases corruption in the short run … jurisdictions that have a higher level of corruption before the adoption, are developing markets, or follow a civil-law legal system …
Persistent link: https://www.econbiz.de/10013404265
the incidences of corruption at different stages of development or in other words the non-linearities in the relationship … between corruption and development. We employ formal threshold model developed by Hansen (2000), and unlike the existing … literature, we find that: (1) non-linear models that search for the break points in the relationship between corruption and …
Persistent link: https://www.econbiz.de/10014060741
We empirically examine whether bank lending corruption is influenced by the ownership structure of banks, a country … curtail bank lending corruption if induced by family-controlled ownership, but not if induced by state-controlled ownership …'s regulatory environment and its level of economic development. We find that corruption in lending is higher when state-owned banks …
Persistent link: https://www.econbiz.de/10013026899
Living in the technological era, we see that traditional banking is driving us towards the cancer of corruption and it … is incomprehensible. Corruption in the Indian banking system has slightly lowered since the launching of the Digital … India Campaign. When the government of India made its first move (i.e., demonetization) to curb corruption the outcome was …
Persistent link: https://www.econbiz.de/10012890945
develops a methodology to detect problems at the individual bank level in an effort to identify those firms with financial … facilitate bank monitoring tasks, as well as some disaggregated subcomponents that are intended to display the relative …
Persistent link: https://www.econbiz.de/10011283443