回归模型分析
2.媒体集中度和银行腐败 Bank Corruptioni,j= α + β 1Media State Ownership j+ β 2Media Concentrationi,j+β 3Banking Sector Con trolsj+β 4Firm Controlsi,j+ β 5Industry Dummiesi,j+ β 6Macro Controlsj+ ε
Media Concentration[Djankov et al.(2003)]
Top 5 concentration，press Top 3 concentration, press Top 5 concentration, TV Top 3 concentration, TV
Table concentration and competition reduces corruptio Bank shows that media bank government ownership n inalso positively these results strongly corruption in are lending. All of associated with more suggest that competition in the media bankingprovides stronger inc lending, suggesting that market corruption is more p entives for media firmscountries with a concentrated ervasive and severe in to actively investigate newswo rthy state-controlled bank corruption cases. and events such as banking sector.
