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Political Corruption and Corporate Finance
Duc Khuong Nguyen
(Author)
·
Quoc Trung Tran
(Author)
·
World Scientific Publishing Europe Ltd
· Hardcover
Political Corruption and Corporate Finance - Tran, Quoc Trung ; Nguyen, Duc Khuong
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Synopsis "Political Corruption and Corporate Finance"
From a taboo topic in the early 1990s, corruption has now become an intriguing economic issue attracting broad attention from academics and practitioners. Political Corruption and Corporate Finance is the first attempt to scrutinize the effect of political corruption on corporate finance. It provides readers with a comprehensive overview of corruption-related issues and theoretical and empirical studies in corporate finance. This book summarizes the causes and effects of political corruption as well as anti-corruption mechanisms and initiatives; analyzes how political corruption at both state and local levels determines corporate financial decisions (investment, financing, and dividend); and discusses how the corruption environment determines firm-level financial behavior.The first three chapters of the book introduce political corruption, the status of political corruption, and anti-corruption campaigns around the world. The last three chapters focus on how firms make financial decisions, and the role of political corruption in corporate finance. By summarizing real problems and results from academic research, this work will help readers to understand how the corruption environment determines firm-level financial behavior.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
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