Abstract
Corruption is one of the biggest global issues despite poverty, unemployment,
income level and terrorism. In this study, we concern on (i) the role of press
freedom toward corruption, (ii) whether the rule of law is a mechanism for press
freedom to influence the level of corruption and (iii) the intensity of rule of law in
different background of countries on the impact of corruption. The panel
regression model is based on a cross-section of 95 countries from the period of
2005 until 2014 and Fixed Effect Model (FEM) has been used as a tool for the
estimation purpose. The empirical result shows that the rule of law and press
freedom are both highly complementing to one another in controlling the
corruption in each country. Lastly, we suggest that the rule of law needed to
surpass with a minimum value in order to capture the effect of press freedom on
corruption as one of the policy implication.
Table of Contents
DECLARATION - ii
ACKNOWLEDGEMENT iii
List of Tables: vi
List of Figures: - - vii
List of Abbreviations
- viii
Abstract ix
CHAPTER 1: INTRODUCTION 1
11 Research Overview - 1
12 Problem Statement - 11
13 Objectives of Study - 13
131 General Objective - 13
132 Specific Objective - 13
14 Research Question of the Study - 13
15 Hypothesis of Study - 14
16 Significance of Study - 14
17 Chapter Layout - 15
CHAPTER 2: LITERATURE REVIEW - - 16
21 Determinant of Corruption - 16
22 Role of Media Curbing Corruption 19
23 Tackle Corruption: Enforcing the Rule of Law - 23
24 Finding Research Gap 24
CHAPTER 3: METHODOLOGY - - 26
31 Overview 26
32 Theoretical Framework 26
33 Empirical Model 29
34 Model Estimation - - 32
341 Panel Unit Root Test -
342 Levin, Lin, and Chu Test 33
343 Pooled OLS, Fixed Effect Model and Random Effect Model - 33
35 Sources of Data 36
CHAPTER 4: RESULT & DISCUSSION - 39
41 Overview 39
42 Preliminary Test: Result of Unit Root Test - - 40
43 Does Press Freedom Curbing Corruption? 43
44 Does Rule of Law Matters? - 43
45 Does Conditional Variable Matters? 44
46 Developing, Developing and Underdeveloped Countries - 47
CHAPTER 5: DISCUSSION, CONCLUSION AND IMPLICATION 50
51 Conclusion - - 50
52 Policy Implication - 52
53 Limitation and Recommendation - 53
References - 54
