Bank ownership structure, lending corruption and the regulatory environment

Examine whether bank lending corruption is influenced by banks' ownership structure * State & family ownership increase lending corruption, bank control reduces it * Stronger regulatory environment curbs lending corruption only for family owned banks * Policy relevant as lending corruption reduces economic growth & financial stability We empirically examine whether bank lending corruption is influenced by the ownership structure of banks, a country's regulatory environment and its level of economic development. We find that corruption in lending is higher when state-owned banks or fami... Mehr ...