Anti-corruption reporting: a review empirical literature
| Date | 13 June 2024 |
| Pages | 30-44 |
| DOI | https://doi.org/10.1108/JMLC-03-2024-0039 |
| Published date | 13 June 2024 |
| Author | Imen Khelil,Hichem Khlif,Imen Achek |
Anti-corruption reporting: a
review empirical literature
Imen Khelil
Department of Accounting, Prince Sultan University-Riyadh-KSA,
Riyadh, Saudi Arabia
Hichem Khlif
Department of Accounting, Faculty of Economics and Management of Sfax,
University of Sfax, Sfax, Tunisia, and
Imen Achek
Faculty of Economics and Management of Mahdia, University of Monastir,
Monastir, Tunisia
Abstract
Purpose –This review summarizes the empirical literaturedealing with anti-corruption disclosure as this
specific typeof disclosure has attracted a great deal of attentionin accounting literature.
Design/methodology/approach –Keywords used to collect relevant papersfrom numerous electronic
databases (e.g. Science Direct, Emerald, Wiley-Blackwell, Springer and Taylor and Francis) include “anti-
corruptionreporting”“anti-corruption disclosure”.The final sample encompasses a set of 35 empirical studies
publishedbetween 2015 and the beginning of 2024.
Findings –The summary of reviewed studies suggeststhat anti-corruption empirical studies are mainly cross-
country investigations. Two streams of research are identified: (i) the determinants of anti-corruption disclosure
and (ii) the economic consequences of anti-corruption reporting. With respect to the first stream of research, six
main categories of determinants are identified (corporate characteristics, corporate governance attributes,
informal institutions, stakeholders’pressures, country institutional effect and regulation effect). With respect to
the second stream of research, findings show that anti-corruption reporting is negatively associated with
profitability, reduces earningsm anagementand enhances corporate social reputation.
Practical implications –With respect to regulators, this review sheds light on theimportance of anti-
corruptiondisclosure in the fight againstcorruption. It also suggeststhat the adoption of some regulationslike
the Directive 2014/95/EU in the European Union or the 2010 UK Bribery Act have contributed to more
transparency.With respect to investors, the existence of somedeterminants of anti-corruption reporting (e.g.
United Nations GlobalCompact membership, cross-listing,multinationality, board independence) may signal
the adequacy of corporate reporting policyand that management is following an adequate strategy to fight
corruptionand enhance transparency.
Originality/value –This review offers futureresearch avenues for accounting scholars withrespect anti-
corruptiondisclosure literature.
Keywords Determinants of anti-corruption disclosure,
Economic consequences of anti-corruption reporting, Anti-corruption reporting pr actices, Literature review
Paper type Literature review
1. Introduction
Corporate reporting policy represents a critical factor used by investors and other stakeholders
to make decisions (Healy and Palepu, 2001). Initially, top management has focused on financial
The authors would like to thank Prince Sultan University for their support.
JMLC
28,1
30
Journalof Money Laundering
Control
Vol.28 No. 1, 2025
pp. 30-44
© Emerald Publishing Limited
1368-5201
DOI 10.1108/JMLC-03-2024-0039
The current issue and full text archive of this journal is available on Emerald Insight at:
https://www.emerald.com/insight/1368-5201.htm
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