The Impact of National Culture on Financial Crime: A Cross Country Analysis

  title={The Impact of National Culture on Financial Crime: A Cross Country Analysis},
  author={Ahmed Yamen and Anas Al Qudah and Ahmed A. A. Badawi and Ahmed Bani‐Mustafa},
  journal={Social Science Research Network},
Although laws, rules and regulations are existing, financial crimes is a widespread phenomenon. Panama Leaks has proved that people from all over the world are participating in money laundry and financial crimes. In this study, we have investigated the influence of national culture on financial crimes across 78 countries. Using Hofstede’s cultural framework as a basis for our hypotheses and Basel Anti-Money Laundering (AML) Index as a proxy for financial crimes. The results have shown that the… 
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