Title

Corruption and financial sector performance: A cross-country analysis

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

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)

Publication Status

Published

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