promoted to positions of national leadership. To curb corruption, President Xi Jinping stepped up investigations and … reduction in corruption of between 50.1% and 43.6% in the provinces either targeted by the central inspection teams or whose … party secretary was replaced by one appointed by Xi himself. Accordingly, this crackdown on corruption has also …

This paper examines how political corruption affects M&A activities. By exploiting the public enforcement of the anti-corruption … corruption increases cross-region takeover activities by 40% and deal volume more than doubles. Further analysis reveals that the … behind these real effects on corporate investments. Reduction in corruption also leads to higher bidder returns and improves …

This paper empirically studies the determinants of firm bribery activities from the perspective of ownership structure …. Using the survey data of Chinese firms from the Enterprise Surveys conducted by the World Bank (2002–2012), we compare the … bribery activities of firms with various forms of ownership. We find that compared with private and foreign firms, state …

This paper uses a multiple indicators and multiple causes (MIMIC) model and estimates the extent of corruption in 30 … Chinese provinces from 1995 to 2015. Treating corruption as an unobserved latent variable, the MIMIC results show that both … government size and public investment have significant positive effects on corruption, while fiscal decentralization, citizen …

local corruption. We also find that there is currently a positive relationship between corruption and economic development …In this study we explore in detail the causes of corruption in China using two different sets of data at the regional … level (provinces and cities). We observe that regions with more anti-corruption efforts, histories of British rule, higher …

continents – the USA, Brazil, Germany and China. The authors use the Human Beliefs and Values Survey data to examine several … women, older people, whites, Protestants, married, widowed and retired people were most opposed to bribery. People who … worked for government, those in the upper middle class or those who lived in small towns were more opposed to bribery than …

symmetric and asymmetric punishment regimes for bribery, one may wonder which punishment strategy is more effective in curbing … corruption. For this purpose, we designed and ran a lab experiment in Bonn (Germany) and Shanghai (China) with exactly the same … weight. -- Asymmetry ; punishment ; Bribery ; Effectiveness ; Legislation …

This paper uses a multiple indicators and multiple causes (MIMIC) model and estimates the extent of corruption in 30 … Chinese provinces from 1995 to 2015. Treating corruption as an unobserved latent variable, the MIMIC results show that both … government size and public investment have significant positive effects on corruption, while fiscal decentralization, citizen …

We conduct a lab experiment to investigate the impact of partisan culture and partisan identity on corruption behavior … members' corruption behavior is insignificant. Our results thus suggest that the prevailing CCP partisan culture is generally … able to undermine the corruption behavior, while the partisan identity itself can work in the opposite direction …

This paper investigates the causal effect of corruption on entrepreneurship. We use staggered anti-corruption … investigations in China as exogenous shocks to conduct difference-in-differences estimation, and find that the country's anti-corruption … anti-corruption campaign: reduced rent seeking, improved government quality, technology spillover from innovation, and the …