1,720,966 research outputs found
Corruption in Banks: A Bibliometric Review and Agenda
Full text linkThis paper is a bibliometric review of 819 articles, between 1969 and 2019, on corruption in banks. We identified six research streams: (1) the determinants of banks’ lending corruption; (2) the impact of corruption on banks’ lending and operational risk; (3) the impact of bank corruption on firms; (4) the impact of political connections on bank corruption; (5) the impact of corporate governance and regulations on bank corruption; and (6) the manipulation of the inter-bank offered rate. We recommend an anti-corruption architecture system and an extension in theoretical frameworks related to corruption in banks. We propose 20 future research questions
Corruption in economics : a bibliometric analysis and research agenda
Full text linkWe conducted a bibliometric analysis of the literature on corruption in the discipline of economics (4,488 articles) over the past 51 years between 1968–2019. Through this methodology, we identified seven research streams: (1) the economic framework of crime and corruption, (2) the legal institutions and corruption, (3) the effect of corruption on aspects of national economics, (4) the combating and monitoring of corruption, (5) the determinants of corruption, (6) political institutions and corruption, and (7) the effect of corruption on firms. In addition to these research clusters, we also identified the key journals, articles, countries, institutions, authors, data sources, measurements, theoretical frameworks, and networks dealing with this issue. Finally, we suggested 20 future research questions
Corruption, foreign aid, and international trade
No full textCorruption has varying effects on international trade flows. Through the lenses of the institutional and transaction costs theories, we propose a novel institutional analysis of foreign aid as a formal institution that moderates the negative impact of corruption on international trade. We investigate this framework using a sample of the imports and exports of 30 Organization for Economic Co-operation and Development (OECD) member countries and their 150 trading partners from 1995 to 2018. We analyze two main types of bilateral foreign aid within this framework: official development assistance and aid for trade. We present three main findings. First, the trading partners' corruption has a negative impact on OECD bilateral imports and exports. Second, both forms of foreign aid moderate the negative effect of the trading partners' corruption on OECD countries' exports. These findings confirm that OECD member countries are willing to export to very corrupt countries. Third, official development assistance does not moderate the relationship between corruption and imports, meaning that OECD countries do not import from corrupt locations. However, aid for trade still moderates the negative impact of corruption on OCED countries' imports. Overall, we confirm that foreign aid negatively moderates the adverse effect of corruption on exports but not on imports. Thus, foreign aid as a formal institution deserves more attention from OECD policymakers and managers of MNEs as a mechanism for reducing corruption and boosting international trade
Sovereign wealth funds: Past, present and future
No full textIn this article, we conduct a meta-literature review of sovereign wealth funds (SWFs), covering 184 articles from 2005 to 2019. Our meta-literature review consists of qualitative analysis of content using the NVivo software program and quantitative analyses of bibliometric citations using the HistCite and VOSviewer software programs. We identify three main research streams: (i) the overview and growth of SWFs, (ii) governance and political concerns regarding SWFs, and (iii) the investment strategies of SWFs. We identify the most influential aspects of the SWF literature, such as the leading countries, institutions, journals, authors, and articles. Finally, we propose 20 research questions based on the meta-literature review of sovereign wealth funds to set the future research agenda
Trade, financial openness and dual banking economies: Evidence from GCC Region
No full textThe recent wave of liberalization in Gulf Cooperation Council (GCC) countries has opened up a debate on the role of Islamic finance in the financial development of an economy. Using a comprehensive dataset of 43 Islamic and 49 conventional banks for the period 2007–2015, in this paper, we investigate the impact of trade and financial openness on financial development in the GCC region. We find that trade and financial openness have a positive effect on the profitability of both banking systems, while the interaction term of openness is negative for the profitability of Islamic banks. Moreover, trade and financial openness affect Islamic banks differently than conventional banks. Notably, we unveil that trade and financial openness decrease the loan volume of Islamic banks but increase their stability
Corruption, formal institutions, and foreign direct investment: The case of OECD countries in Africa
No full textPurpose: Corruption has shown a mixed impact on foreign direct investment (FDI). This study proposed moderating the role of two—foreign aid (international institution) from the home country and democracy (national institution) in the host country—between corruption-FDI nexus. Methodology: The framework is analyzed using panel data analysis (2001–2018) of bilateral foreign aid and FDI from 18 European members of the Organization for Economic Cooperation and Development (OECD) to 34 African countries. Findings: The presents several key findings. First, Africa's level of government corruption harms bilateral FDI from Europe. Second, the OECD's bilateral foreign aid moderates the negative effects of Africa's host-country corruption on FDI. Third, the level of democracy in the host country also moderates the negative impact of corruption on FDI. Finally, foreign aid strongly moderates the negative effect of corruption on FDI in democratic countries compared to non-democratic host countries. Research Implications: This study provides the institutional analysis that bilateral foreign aid and democracy as formal institutions affect the European multinational enterprises's decision to invest in Africa. Practical Implications: It presents the policy and managerial implications. First, European MNEs managers avoid investing in Africa, and governments must take strict actions to attract FDI. Second, foreign aid and democracy motivate MNEs to invest in Africa. Finally, the OECD policymaker could formulate rigorous and relevant conditions for foreign aid to Africa to reduce corruption. Originality/Value: Through the lens of institutional theory and selectorate theory, the novel institutional role of foreign aid and democracy is proposed and tested between the nexus of corruption-FDI
Role of theory of consumption values in consumer consumption behavior: a review and Agenda
No full textThe theory of consumption values (TCV) as marketing theory provides insights related to consumer consumption behavior through consumption values. This study reviews the last 30 years’ literature (120 articles) from 1991 to 2022 through content analysis and bibliometrics citation analysis. Additionally, the seven research streams are identified in the literature: (1) TCV and consumer behavior toward digital consumer products and services, (2) TCV and consumer behavior toward brands, (3) TCV and consumer behavior toward information technology, (4) TCV and consumer behavior towards green products and sustainable development, (5) TCV and consumer behavior towards tourism and hospitality industry, (6) TCV and consumer behavior towards durable and non-durable goods, and (7) TCV and consumer behavior toward educational industry. This review presents the taxonomy of TCV in marketing research, influential aspects of literature, and future research agenda
A bibliometric review of sukuk literature
No full textSukuk (Islamic bonds) are one of the Islamic finance sectors that have experienced the fastest growth during the last decade. Using a quali-quantitative approach known as meta-literature review, the aim of this paper is to survey the sukuk literature over the period 1950–2018. In total we review and analyze 80 papers through bibliometric citation analysis (using HistCite and VOSviewer software) coupled with content analysis. We show the influential aspects of the literature, such as countries, institutions, journals, authors, articles and topics. We also present the co-authorship network and identify three research streams: (1) sukuk overview and growth, (2) sukuk and finance theories, (3) sukuk and stock market behavior. Through the review and analysis of the published research on sukuk, we finally provide 11 future research questions in order to extend the research on this topic
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
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