“…Both institutional factors such as government regulation, corruption detection, legal punishment, and salaries, etc., (Dong & Torgler, ) and non‐institutional factors such as culture, beliefs and norms, etc., (Gong & Wang, ; Huang, Zheng, Tan, Zhang, & Liu, ) have impacts on corruption. Furthermore, the beliefs and norms often play more important roles than objective institutional factors (Larmout, ). Previous research demonstrates that cultural factors such as power‐distance (Husted, ) and the social capital of strong bonds (Pena‐López & Sánchez‐Santos, ) can impact corruption.…”