Corruption in Banks: A Bibliometric Review and Agenda

Abstract

This paper is a bibliometric review of 819 articles, between 1969 and 2019, on corruption in banks. We identified six research streams: (1) the determinants of banks’ lending corruption; (2) the impact of corruption on banks’ lending and operational risk; (3) the impact of bank corruption on firms; (4) the impact of political connections on bank corruption; (5) the impact of corporate governance and regulations on bank corruption; and (6) the manipulation of the inter-bank offered rate. We recommend an anti-corruption architecture system and an extension in theoretical frameworks related to corruption in banks. We propose 20 future research questions.