Corruption and Firms

@article{Colonnelli2021CorruptionAF,
  title={Corruption and Firms},
  author={Emanuele Colonnelli and Mounu Prem},
  journal={PSN: Corruption (Topic)},
  year={2021}
}
We estimate the causal real economic effects of a randomized anti-corruption crackdown on local governments in Brazil using rich micro-data on corruption and firms. After anti-corruption audits, municipalities experience an increase in the number of firms concentrated in sectors most dependent on government relationships. Through the estimation of geographic spillovers and additional tests, we show that audits operate via both a direct detection effect as well as through indirect deterrence… 
The Externalities of Corruption: Evidence from Entrepreneurial Firms in China*
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
The Externalities of Corruption: Evidence from Entrepreneurial Activity in China
We show that corruption affects negatively the performance of small entrepreneurial firms, which compete with corrupted industry peers. We exploit the Chinese anti-corruption campaign to establish
Revealing Corruption: Firm and Worker Level Evidence from Brazil
We study how the disclosure of corrupt practices affects firms. We construct novel firm-level measures of involvement in corrupt practices using randomized audits of public procurement in Brazil. On
The Economic Impact of China's Anti-Corruption Campaign
We study how China's recent anti-corruption campaign affects local economies. Our identification is based on a staggered difference-in-differences design and county-month level variations in
Who Benefits from Anti-Corruption Enforcement?
We exploit 88 enforcement actions for violations of the US Foreign Corrupt Practices Act in non-OECD countries to study the effect of anti-bribery enforcement on unpunished firms. After anti-bribery
Reversing the Resource Curse: Foreign Corruption Regulation and Economic Development
We examine whether foreign corruption regulation reduces corruption and increases the local economic benefits of resource extraction. After a mid-2000s increase in enforcement of the US Foreign
Unintended environmental consequences of anti-corruption strategies
Fighting corruption in one sector may improve overall governance but may also shift rent extraction activities to less scrutinized sectors. This paper highlights such unintended consequences of a
Bribe-Switching
The Foreign Corrupt Practices Act (FCPA) prohibits US firms from paying bribes to foreign public officials. We show that FCPA enforcement has no positive effect on the GDP per capita of the countries
Corruption and political strategies: only suspected or actually corrupt?
Corporate Political Activity (CPA) is the research agenda that investigates the firms’ behavior in the nonmarket environment in order to influence decisions and public policies for their own benefit.
...
...

References

SHOWING 1-10 OF 170 REFERENCES
Corruption and entrepreneurship: evidence from Brazilian municipalities
We estimate the effect of corruption on business activity in Brazilian municipalities. We employ a new measure of corruption based on data from random audits of municipal governments. Our results
US Political Corruption and Firm Financial Policies
The Externalities of Corruption: Evidence from Entrepreneurial Firms in China*
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
The Externalities of Corruption: Evidence from Entrepreneurial Activity in China
We show that corruption affects negatively the performance of small entrepreneurial firms, which compete with corrupted industry peers. We exploit the Chinese anti-corruption campaign to establish
Revealing Corruption: Firm and Worker Level Evidence from Brazil
We study how the disclosure of corrupt practices affects firms. We construct novel firm-level measures of involvement in corrupt practices using randomized audits of public procurement in Brazil. On
Do Government Audits Reduce Corruption? Estimating the Impacts of Exposing Corrupt Politicians
This paper examines the extent to which government audits of public resources can reduce corruption by enhancing political and judiciary accountability. We do so in the context of Brazil’s
Do Government Audits Reduce Corruption
Political corruption is considered a major impediment to economic development, and yet it remains pervasive throughout the world. This paper examines the extent to which government audits of public
Firm Growth and Corruption: Empirical Evidence from Vietnam
This article tests whether firm growth reduces corruption, using data from over 10,000 Vietnamese firms. We employ instrumental variables based on growth in a firm's industry in other provinces
Corruption and Entrepreneurship: Evidence from a Random Audit Program
In this paper, we examine the effect of corruption on business activity in Brazilian municipalities. Previous research that has examined the impact of corruption has relied primarily on survey or
...
...