DP7168 Disclosure by Politicians

Author(s): Simeon Djankov, Rafael La Porta, Florencio López-de-Silanes, Andrei Shleifer
Publication Date: February 2009
Keyword(s): Business interests, Conflict of interest, Disclosure, Politicians
JEL(s): H7
Programme Areas: Development Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=7168

We collect data on the rules and practices of financial and conflict disclosure by politicians in 175 countries. Although two thirds of the countries have some disclosure laws, less than a third make disclosures available to the public. Disclosure is more extensive in richer and more democratic countries. Disclosure is correlated with lower perceived corruption when it is public, when it identifies sources of income and conflicts of interest, and when a country is a democracy.