Purpose – This aim of this article is to review the 12 manuscripts accepted into the special issue of “Corporate Politics, Philanthropy and Governance” in Chinese Management Studies. It explains basic concepts, provides brief introduction to each manuscript and presents the related findings. Design/methodology/approach – Most manuscripts in this special issue used primary empirical data (collec...

This paper measures enterprise digital transformation by the method of text analysis and empirically tests impact on executives' corruption. We find that higher degree enterprises, lower probability corporate conclusion is still valid under a series robustness tests. The mechanism test shows governance corruption mainly realized reducing information asymmetry alleviating agency problem. Further...

We use Transparency International’s ratings of self-reported anticorruption efforts for 480 corporations to examine factors underlying firms’ efforts and their consequences. We find that firms with high anticorruption efforts are domiciled in countries with low corruption ratings and strong anticorruption enforcement, operate in high corruption risk industries, have recently faced a corruption ...

We study a proprietary dataset detailing the terms of over 1,000 sales transactions to 218 firms by a mechanics importer in an Asian country. Kickbacks are commons: 85 firms demand cash kickbacks in order to make a purchase. We find government firms to be the most corrupt, requiring kickbacks 47% of the time. However, private domestic firms are not free of corruption, with 32% requiring kickbac...

Purpose The paper investigates the effect of corruption on corporate investment efficiency around world. Design/methodology/approach sample includes 218,350 observations from 30,074 firms across 42 countries. authors measure based Corruption Perception Index (CPI) Transparency International, Control (CCI) World Bank and International Country Risk Guide. Findings find that is negatively related ...

We examine the persistence of corporate corruption for a sample privately-held firms from 12 Central and Eastern European countries 2001 to 2015. Using publicly available information stochastic frontier analysis, we create proxy based on firm's internal inefficiency. find that enhances profitability. A channel analysis further reveals inflating staff costs is most common approach by which diver...

This paper examines how government regulation in developing countries affects the form of corruption between business customers and service providers in the telecom sector. We match the World Bank enterprise-level data on bribes with a unique crosscountry telecom regulation dataset collected by Wallsten et al. (2004), finding that (1) strong regulatory substance (the content of regulation) and ...