Corruption and firm-financial fragility : an empirical approach

• Main Author: Κατσίδημας, Νικόλαος
• Other Authors: Katsidimas, Nikolaos
• Language: English
• Published: 2022
• Subjects: Financial fragility; Corruption; Firm performance; Corruption perception index; ROA; ZSCORE; Oικονομική ευθραυστότητα; Διαφθορά; Επίδοση επιχειρήσεων

This dissertation examines the effect of corruption on the financial fragility and performance of Greek firms from 2006 to 2014. Our sample includes 141,960 firm-year observations of 26,385 firms. After delving into the vast literature, we establish two hypotheses as our research questions, which ai...