EconPapers    
Economics at your fingertips  
 

Can financial development enhance transparency?

Nabamita Dutta () and Deepraj Mukherjee ()
Additional contact information
Nabamita Dutta: University of Wisconsin, La Crosse
Deepraj Mukherjee: Kent State University

Economic Change and Restructuring, 2018, vol. 51, issue 4, 279-302

Abstract: Abstract A substantial strand of literature unambiguously established the importance of financial development for economic growth. Relatively less attention has been paid to the impact that financial development of a country can have on important development outcomes like transparency. As established by existing research, strong financial institutions in a country would imply an improved and transparent banking system, better corporate governance, ease of accessing credit, greater availability of information and best practices in investment protection. All these should theoretically promise a more transparent economic system. Our empirical findings confirm this. Using several estimation strategies, our results confirm that greater financial development enhances transparency.

Keywords: Institutions; Transparency; Financial development (search for similar items in EconPapers)
JEL-codes: G20 G14 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s10644-017-9205-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:ecopln:v:51:y:2018:i:4:d:10.1007_s10644-017-9205-6

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10644/PS2

Access Statistics for this article

Economic Change and Restructuring is currently edited by George Hondroyiannis

More articles in Economic Change and Restructuring from Springer
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-05-15
Handle: RePEc:kap:ecopln:v:51:y:2018:i:4:d:10.1007_s10644-017-9205-6