The impact of corruption on investment and financing in the European Union: new insights

• Type: Article in International Scientific Journal
• Date: 2024-03

Authors

Jorge Farinha (Author) FEP; Oscar López-de-Foronda (Author) Other

Journal

Title: European Journal of Finance

Vol. 30 No. 4

Pages: 339-344

ISSN: 1351-847X

Publisher: Taylor & Francis

Indexing

ISI Web of Knowledge - 1 Citation

Scopus - 2 Citations

Other information

Authenticus ID: P-00Y-T41

DOI: 10.1080/1351847x.2023.2240846

Abstract (EN): Corruption is a phenomenon that is not just restricted to less developed nations, but also touches developed countries like those in the European Union, often seen as one of the least corrupt economic areas in the world. Corruption practices and perceptions can seriously hinder economic growth and innovation, This can be due to lower access to corporate funding, greater cost of capital, its effects on competition, misallocation of resources, and distortions in the composition of public spending and the effectiveness of government policies. This paper first provides a short discussion and an overview of some academic literature on the link between corruption, financing decisions and economic growth. It then summarizes the findings of the five papers in this special issue on the topic of Corruption in a European context, discusses some insights from their results and finally points out at some avenues for future research in related topics.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 6