Purpose The purpose of this study is to provide a timely synthesis of the empirical literature
focusing on the economic consequences of money laundering, as this topic has been …

Based on combined data from the China Patent Database, China Industrial Enterprise
Database, and China Customs Import and Export Database for the period 2004–2010, this …

In Bangladesh, like many other countries, the implementation of Anti-Money Laundering
(AML) measures plays a crucial role in the fight against financial offences and the …

What strategies work best for enforcing sanctions? Sanctions enforcement agencies like the
US Office of Foreign Assets Control (OFAC) face resource limitations and political …

Money laundering (ML) is a critical source of extracting the money illegally from the financial
system. It is linked to various types of crimes, including corruption, exploitation of a specific …

What explains the strategies firms adopt in response to economic sanctions? Our study
argues that different types of external pressure, such as public shaming, the nature of …

This study examines the intrinsic relationship between administrative penalties and
corporate resilience through an empirical analysis of Chinese A-share listed companies …

This paper proposes a methodology for constructing the national anti-money laundering
(AML) index based on Mutual Evaluation reports and machine learning models. We employ …

This study examines the impact of international sanctions and policy shifts on the
technological innovation of non-financial publicly listed companies in China from 2007 to …

Litigation against a bank is indicative of misconduct risk because it suggests a failure to
process customer complaints. This study examines the relationship between certain bank …