Sequeira, Sandra; Djankov, Simeon - London School of Economics (LSE) - 2013
This paper investigates how corruption affects firrm behavior. Firms can engage in two types of corruption when seeking … a public service: cost-reducing "collusive" corruption and cost increasing "coercive" corruption. Using an original and … corruption by adjusting their shipping and sourcing strategies. "Collusive" corruption is associated with higher usage of the …