According to the AdS/CFT correspondence, the d = 4, N = 4 SU(N) SYM is dual
to the Type IIB string theory compactified on AdS(5) x S-5. A mechanism wa
s proposed previously that the chiral anomaly of the gauge theory is accoun
ted for to the leading order in N by the Chern-Simons action in the AdS(5)
SUGRA. In this paper, we consider the SUGRA/string action at one loop and d
etermine the quantum corrections to the Chern-Simons action. While gluon lo
ops do not modify the coefficient of the Chern-Simons action, spinor loops
shift the coefficient by an integer, We find that for finite N, the quantum
corrections from the complete tower of Kaluza-Klein states reproduce exact
ly the desired shift N-2 --> N-2 - 1 Of the Chern-Simons coefficient, sugge
sting that this coefficient does not receive corrections from the other sta
tes of the string theory. We discuss why this is plausible. (C) 1999 Elsevi
er Science B.V. All rights reserved.