Corporate Governance and Corruption: A Cross-Country Analysis
By Xun Wu. 2005
212 citations recorded by the source corpus.
While the empirical literature on the causes of corruption has focused primarily on the demand side of corruption, that is, the corrupt officials who receive bribe payments, the role of the private sector as the supply side of corruption has not been examined thoroughly in this literature. In this paper, we argue that corporate governance is among the important factors determining the level of corruption. Using a cross-country dataset, we test hypotheses that explicitly link various measures of corporate governance to the level of corruption. Our results show that corporate governance standards can have profound impacts on the effectiveness of the global anti-corruption campaign.
Subfields: Accounting, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/d2b2da78a9c43a25691a38db216751f0d82b3cd2
Citations in the corpus
- Corporate Governance in China - is Economic Growth Potential Hindered by Guanxi? (2005, unknown): “Questions concerning ownership and board structure as well as accountability, transparency, and fairness are the basis for a well-functioning corporate governance system (Wu, 2005).”
- Institutional Antecedents of Corporate Governance Legitimacy (2008, unknown): “Although corruption is viewed as an antecedent condition that hinders the development of good governance, it is also viewed as an effect of illegitimate Judge et al. / Institutional Antecedents of Corporate Governance Legitimacy 771 governance practices (Randall, 1999; Wu, 2005).”
- Comparative and International Corporate Governance (2010, unknown): “Meanwhile, the low capacity of the state to set and enforce the rule of law creates institutional voids in relation to corporate governance, which are shaped by and may also shape the scope for corruption (Wu, 2005).”
- Which Entrepreneurs Bribe and what do they Get from It? Exploratory Evidence from Vietnam (2012, unknown): “Although bribery is omnipresent in transition states, it is acknowledged that it also exists in Western economies (Wu, 2005).”