Does public corruption affect bank failures? evidence from the United States

S Karadas, N Ozdemir - Journal of Risk and Financial Management, 2023 - mdpi.com
Corruption influences firm behavior and performance even in relatively transparent countries
like the United States. In this paper, we examine whether corruption at the state level …

Politically Motivated Capital Expenditures: Evidence from Banking

MN Mehta, A Nicoletti, W Zhao - Available at SSRN 4865796, 2024 - papers.ssrn.com
We investigate the role of capital expenditures as a means for firms to obtain political
influence. Using the banking sector as our setting, we show that politically motivated banks …