The Investigation of Internet Effect on Financial Corruption Case study: Iran and Some Selected Developing Countries (2002-2009)

Using and surfing on Internet has been increased and extended that can be noticed internet is one of essential components of human life. According to this view can be said: Internet should solve a lot of problems in Human life and societies. Corruption is one of the problems that is common in most countries even some developed countries. This has some negative effects on property rights, investing rules and incentives so it is against developing and progressing in society. On this essay is considered, effects of internet on controlling of financial corruption by using a dynamic panel model consist of 28 developing countries from 2002 to 2009. Firstly is determined one causal relation between internet and corruption index. Research outcomes show us there is a bilateral causal relation between Internet and financial corruption. Also our obtained experience has proved internet has a considerable role on reducing financial corruption