Corruption and financial sector performance: A cross-country analysis

Author(s)

Naved Ahmad, Institute of Business Administration, KarachiFollow
Shahid Ali, Institute of Business Administration, Karachi

Author Affiliation

Naved Ahmad is Associate Professor at Institute of Business Administration (IBA), Karachi

Faculty / School

Faculty of Business Administration (FBA)

Department

Department of Economics

Was this content written or created while at IBA?

Yes

Document Type

Article

Source Publication

Economics Bulletin

ISSN

1545-2921

Keywords

Transparency International Corruption Perceptions Index, Financial sector performance, Domestic Credit, Panel Estimation

Disciplines

Econometrics | Economics | Finance

Abstract

In this paper we explore the effects of corruption on financial sector performance for a sample of 38 developed and developing economies for the period 1995-2005. Using system-GMM technique our results demonstrate that corruption undermines the efficacy of a developed financial sector. Governments, therefore, should control corruption and to improve financial sector performance in order to increase the likelihood of economic growth and prosperity.

Indexing Information

HJRS - Y Category, Scopus, Web of Science - Emerging Sources Citation Index (ESCI)

Recommended Citation

Ahmad, N., & Ali, S. (2010). Corruption and financial sector performance: A cross-country analysis. Economics Bulletin, 30 (1), 303-308. Retrieved from https://ir.iba.edu.pk/faculty-research-articles/75

Publication Status

Published