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 …

This paper establishes the presence of political corruption in court and identifies a novel
channel—interfering with court decisions—through which local corrupt politicians provide …

We conduct a large-scale, nondeceptive field experiment to elicit preferences for
government participation in China's venture capital and private equity market. Our main …

This study investigates the influence of corruption on firms' green innovation activities in the
context of Chinese listed firms during a period from 2007 to 2017. We find that the firms …

We study a financial inclusion policy targeting Brazilian cities with low bank branch
coverage using data on the universe of employees from 2000–2014. The policy leads to …

I provide evidence that US firms in more corrupt areas have lower investment expenditure
than firms in less corrupt areas. A one standard deviation increase in corruption rate is …

We examine how foreign corruption regulation affects the economic benefits communities
receive from extraction activities in the resource-rich areas of Africa. After a mid-2000s …

We examine a large sample of EU and UK firms to investigate the impact of extreme high
temperature heat spells on three common financial performance measures: the ratios of …

After a long period of economic and legal transition, new institutions emerged in Central and
Eastern Europe (CEE). Firms facing financial difficulties must cope with the quality of those …

Policy makers around the world consider the fight against corruption to be one of the most
important, and yet most challenging objectives of our society. In the presence of corruption …