| Summary: |
This study examines the effects of corruption on banks profitability and the impact this may have on banks effectiveness in achieving their role in economic development through organizational inclusiveness. Using a dynamic panel model of all the commercial banks in the Economic Community of West African States (ECOWAS), the study deepens our understanding of how institutional and regional contexts impact on organizational inclusiveness. The study reports a significant positive relationship between the perception of the level of national corruption and banks profitability. The study suggests that the control of corruption is important in reducing financial exclusion and enhances financial market development in Africa.
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