Our investigation examined the impact of ESG (Environmental, Social, and Governance) activities on corporate financial distress. This research utilised data from companies listed in the FTSE All-Share index from 2014 to 2022 from the Refinitiv EIKON database. We incorporated year- and...

The changing geopolitical situation in the European region has actualized the issues of further EU enlargement. As a result, the relevance of studying many aspects of the functioning economic systems of candidate countries has increased. In this context, the purpose of this article is to...

This paper examines the data sources and methodologies used in economic research on corruption by analyzing 339 journal articles published in 2022 that include Journal of Economic Literature codes. The paper identifies the most commonly used data types, sources, and geographical foci, as well as...

We link a new database of politically exposed persons with the complete register of firms established in Mozambique since Independence. Focusing on the network of connections between firm owners, we use a generalized event study analysis to show that holders of political office achieve...

While the literature extensively explores the structural enablers of corruption and its adverse effects on economic performance, less is known about how the state of the economy influences corruption and political accountability. To address this gap, we develop a theoretical model in which...

This paper examines the electoral cycle and the conduct of the central government’s fiscal policy. It uses a panel database with disaggregated spending and revenue series for 34 middle-income countries over 2000-2022. A dynamic panel approach was used to look at overall government spending and...

When governments have more revenue, they can invest in infrastructure, such as the provision of electricity or clean fuels, which is more effective in well-governed countries. Here, we use an equilibrium correction model to empirically investigate the relationship between government revenue per...

For this Flash Eurobarometer, a representative sample of citizens, aged 15 and over, in four selected enlargement countries (Albania, Montenegro, North Macedonia and Serbia) was interviewed. Between 13 January and 2 February 2025, 3 539 interviews were conducted over the telephone (landline and...

For this Flash Eurobarometer, a representative sample of citizens, aged 15 and over, in four selected enlargement countries (Albania, Montenegro, North Macedonia and Serbia) was interviewed. Between 13 January and 2 February 2025, 3 539 interviews were conducted over the telephone (landline and...

Corruption is a multi-sector phenomenon, present both in the public and private sector, and in the political arena. While corruption can take the form of petty crime or complex high-level corruption, it can also hide behind favouritism and nepotism, conflicts of interest and revolving doors -...

This Eurobarometer survey, first conducted in 2013, and repeated in 2015, 2017, 2019, 2023 and 2024, is designed to explore the level of corruption perceived and experienced by businesses employing one or more persons in the following six key sectors: energy, mining, oil and gas, chemicals;...

This study examines the adoption and use of blockchain technology as a proactive tool against white-collar crimes in Ghana, using the Technology Acceptance Model (TAM) as a framework. A survey of professionals from regulatory bodies, financial institutions, and anti-corruption agencies was...

The objective of anti-money laundering (AML) programs is to disrupt the financial infrastructure of criminal organizations, thereby seizing illicit assets and curbing the expansion of these criminal activities. This paper assesses the effectiveness of AML programs in curbing three distinct forms...

Based on empirical evidence, this research: highlights the timeline of changes in Ukrainian agricultural sector since the onset of the full-scale war in 2022 and the maritime blockade affecting exports; examines the relevant transformation of the illegal grain market amid these extraordinary...

The current study inspects the effect of Institutional Quality and FinTech on environmental sustainability in the "Environmental Kuznets Curve (EKC)" scenario. The study employs data on six aspects of institutional quality and carbon emissions "from 82 countries from 2017 to 2024. The study...

The low conviction rate for money laundering, particularly in corruption cases, stems from the technical language of the ML law and the challenges of proving mens rea for ML perpetrators. This paper examines Indonesian corruption cases from 2017 to 2021 and finds that the conviction rate for ML...

We employ "doubly robust" event studies and matching methods to explore whether public participation in Constitution-making can curb political corruption moving forward. Measures of public participation are drawn from the Constitutionalism and Democracy Database (CDD) (Eisenstadt et al., 2015,...

This study analyses the long-term impacts of corruption on economic growth within the Southern African Development Community (SADC) region, using data spanning 2005 to 2022. Through econometric modelling covering SADC countries, the research investigates the influence of corruption on the...

In contemporary times, energy sustainability and security have become essential economic concerns globally. Nonetheless, in addition to these concerns, inadequate governance inside a corporation within the energy industry may result in corruption and energy instability within the sector. The...

This study provides the first empirical assessment of the causal impact of bureaucratic corruption on firms' financial constraints in Nigeria by calculating treatment effects using linear and non-linear estimators to account for potential heterogeneous treatment effects across firm groups....

This paper reviews Angola's recent reform efforts to strengthen good governance and fight corruption. Angola has achieved some progress on the governance and anti-corruption fronts since 2018, but the strong momentum observed through 2022 has abated. Gaps in most governance indicators remain...