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Impact of Culture on Terrorist Financing: The Role of Public Governance

Author

Listed:
  • Anas AlQudah

    (Abu Dhabi University)

  • AHMED YAMEN

    (1. Ain Shams University . 2. The American University of the Middle East)

  • Ahmed Bani-Mustafa

    (The American University of the Middle East)

Abstract

In this study, we investigate the role of public governance in mediating the effect of culture on terrorist financing (TF). Although culture has a significant impact on terrorism financing, the government can use the control of corruption (COC)and the rule of law (ROL) as useful tools in mitigating or eliminating this impact. We examine whether the COC and ROL can mediate the effect of culture on terrorist financing across 78 countries. We use Basel Anti-Money Laundering (AML) Index as a proxy for the risk terrorist financing, Hofstede?s cultural dimensions for culture measuring and COC and ROL as indicators for public governance. The results reveal a complete mediation for COC and ROL to the impact of culture on terrorism financing.

Suggested Citation

  • Anas AlQudah & AHMED YAMEN & Ahmed Bani-Mustafa, 2018. "Impact of Culture on Terrorist Financing: The Role of Public Governance," Proceedings of International Academic Conferences 6708762, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:6708762
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    File URL: https://iises.net/proceedings/41st-international-academic-conference-venice/table-of-content/detail?cid=67&iid=005&rid=8762
    File Function: First version, 2018
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    More about this item

    Keywords

    Public Governance; Terrorist Financing; Currption;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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