been shown to play an important role in the provision of public goods, corruption might strongly disrupt the ability of a …

, we confirm that political connections are essentially corruption. By constructing unique measures to partial out the key … seller, and during unannounced anti-corruption audit campaigns …

This paper examines how political corruption affects M&A activities. By exploiting the public enforcement of the anti-corruption … corruption increases cross-region takeover activities by 40% and deal volume more than doubles. Further analysis reveals that the … behind these real effects on corporate investments. Reduction in corruption also leads to higher bidder returns and improves …

of government auditing in discovering and deterring corruption, there is little empirical evidence on whether government … auditing actually helps to reduce corruption. Using China’s provincial panel data from 1999 to 2008, this paper empirically … examines the role of government auditing in China’s corruption control initiatives. Our findings indicate that the number of …

How do corruption and the state apparatus interact, and how are they connected to the political and economic dimensions … effect of corruption on state power. Under general assumptions about fat-tailed risk, we show that, if fiscal capacity is … corruption is maintained at such a level that no erosion of state power is tolerated. Comparative statics shows the impacts of …

We explore the effectiveness of an anti-corruption mechanism that combines the top-down institutions and the bottom … dilemma of anti-corruption, a high proportion of citizens paid to monitor, and this significantly decreases the officials …

Corruption is a complex and multifaceted phenomenon. The aim of this article is to open the “black box” of corrupt … typical corrupt agreement are described: initiation, execution and post-contractual phase. To combat corruption the … traditional and the more recent anti-corruption measures are analyzed …

opportunity for corruption and bribery. Moreover, the complex structure of the health sector leaves the sector more vulnerable to … corruption and bribery than other sectors. Along with the COVID-19 pandemic, the risk of corruption and bribery in public … procurements has increased more than ever. Corruption and bribery cause substandard and counterfeit products to be released to the …

In this study, we investigate the correlation between corruption risk and the level of education in European sub … educational attainment is associated with lower corruption risk and a higher level of control of corruption, indicating that … better-educated locals may force authorities to limit corruption risk as they have less tolerance for corrupt behavior. In …