000 02228 a2200229 4500
003 OSt
020 _a9781800614253
040 _cIIT Kanpur
041 _aeng
082 _a364.1323
_bT685p
100 _aTran, Quoc Trung
245 _aPolitical corruption and corporate finance
_cQuoc Trung Tran and Duc Khuong Nguyen
260 _bWorld Scientific
_c2024
_aChennai
300 _axix, 296p
440 _aTransformations in banking, finance and regulation
490 _a/ edited by Sabri Boubaker and Duc Khuong Nguyen
_v; v.8
520 _aFrom 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. Readership: Suitable for university researchers, librarians, and postgraduate students in the fields of Political Science, Sociology and Economics & Finance. Also suitable in a business environment for corporate managers, institutional investors, investment managers, and government agencies and officials.
650 _aCorporations finance
650 _aPolitical corruption
700 _aNguyen, Duc Khuong
942 _cBK
999 _c567191
_d567191