Credit information sharing, corruption and financial development: International evidence

This study investigates the individual impact of credit information sharing and corruption as well as their interaction on financial development, using a sample of 120 countries for the period 2004–2017. Public credit registries (PCR) and private credit bureaus (PCB) are used as proxies for the leve...

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Autores principales:	Tran Hung Son, Hoang Cong Gia Khanh, Nguyen Thanh Liem
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2020
Materias:	information sharing corruption financial development Business HF5001-6182 Management. Industrial management HD28-70
Acceso en línea:	https://doaj.org/article/27ecc7f55005430fb0a7b7dd682bbb1c
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spelling	oai:doaj.org-article:27ecc7f55005430fb0a7b7dd682bbb1c2021-12-02T18:23:50ZCredit information sharing, corruption and financial development: International evidence2331-197510.1080/23311975.2020.1851856https://doaj.org/article/27ecc7f55005430fb0a7b7dd682bbb1c2020-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2020.1851856https://doaj.org/toc/2331-1975This study investigates the individual impact of credit information sharing and corruption as well as their interaction on financial development, using a sample of 120 countries for the period 2004–2017. Public credit registries (PCR) and private credit bureaus (PCB) are used as proxies for the level of credit information sharing, whereas financial development is measured in terms of size, activity and efficiency. We obtain evidence in support of the following arguments. First, PCB has a negative impact on the size of the financial sector, whereas PCR has an insignificant effect. Second, PCB and PCR have a positive impact on the financial intermediation activity, with the magnitude of the latter being higher. Third, PCB and PCR increase the financial sector efficiency, again with the magnitude of the latter being stronger. Fourth, both PCR and PCB reduce the negative effects of corruption on financial sector development, but PCR tends to be more effective, suggesting that PCR may play a more important role compared to that of PCB. The findings survive a battery of robustness tests, including the use of an alternative corruption indicator and sub-sample analysis. Finally, policy implications are discussed.Tran Hung SonHoang Cong Gia KhanhNguyen Thanh LiemTaylor & Francis Grouparticleinformation sharingcorruptionfinancial developmentBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 7, Iss 1 (2020)
institution	DOAJ
collection	DOAJ
language	EN
topic	information sharing corruption financial development Business HF5001-6182 Management. Industrial management HD28-70
spellingShingle	information sharing corruption financial development Business HF5001-6182 Management. Industrial management HD28-70 Tran Hung Son Hoang Cong Gia Khanh Nguyen Thanh Liem Credit information sharing, corruption and financial development: International evidence
description	This study investigates the individual impact of credit information sharing and corruption as well as their interaction on financial development, using a sample of 120 countries for the period 2004–2017. Public credit registries (PCR) and private credit bureaus (PCB) are used as proxies for the level of credit information sharing, whereas financial development is measured in terms of size, activity and efficiency. We obtain evidence in support of the following arguments. First, PCB has a negative impact on the size of the financial sector, whereas PCR has an insignificant effect. Second, PCB and PCR have a positive impact on the financial intermediation activity, with the magnitude of the latter being higher. Third, PCB and PCR increase the financial sector efficiency, again with the magnitude of the latter being stronger. Fourth, both PCR and PCB reduce the negative effects of corruption on financial sector development, but PCR tends to be more effective, suggesting that PCR may play a more important role compared to that of PCB. The findings survive a battery of robustness tests, including the use of an alternative corruption indicator and sub-sample analysis. Finally, policy implications are discussed.
format	article
author	Tran Hung Son Hoang Cong Gia Khanh Nguyen Thanh Liem
author_facet	Tran Hung Son Hoang Cong Gia Khanh Nguyen Thanh Liem
author_sort	Tran Hung Son
title	Credit information sharing, corruption and financial development: International evidence
title_short	Credit information sharing, corruption and financial development: International evidence
title_full	Credit information sharing, corruption and financial development: International evidence
title_fullStr	Credit information sharing, corruption and financial development: International evidence
title_full_unstemmed	Credit information sharing, corruption and financial development: International evidence
title_sort	credit information sharing, corruption and financial development: international evidence
publisher	Taylor & Francis Group
publishDate	2020
url	https://doaj.org/article/27ecc7f55005430fb0a7b7dd682bbb1c
work_keys_str_mv	AT tranhungson creditinformationsharingcorruptionandfinancialdevelopmentinternationalevidence AT hoangconggiakhanh creditinformationsharingcorruptionandfinancialdevelopmentinternationalevidence AT nguyenthanhliem creditinformationsharingcorruptionandfinancialdevelopmentinternationalevidence
_version_	1718378083245883392

Credit information sharing, corruption and financial development: International evidence

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