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for private gain. We study the relationship between discretion and corruption in Italian government procurement auctions …, using a confidential database of firms and procurement officials investigated for corruption by Italian enforcement …, discretionary procedure auctions are associated with corruption only when conducted with fewer than the formally required number of …
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Evidence from Uganda confirms that corruption retards development even more than taxation does …
Persistent link: https://www.econbiz.de/10010524241
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We document evidence of corruption in Chinese state asset sales. These sales involved stakes in partially privatized … with deal attributes associated with misgovernance and corruption. Sales by "disguised" owners that misrepresent their …
Persistent link: https://www.econbiz.de/10010951345
We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...
Persistent link: https://www.econbiz.de/10011271399
absenteeism or shirking from legislative sessions; in contrast, non-pecuniary motives, proxied by home-country corruption …
Persistent link: https://www.econbiz.de/10009401239
Institutional ownership of U.S. corporations has increased ten-fold since 1950. We examine whether these new concentrated owners influence portfolio firms' political activities, as a window into the larger question of whether institutional investors can wield their control to extract benefits...
Persistent link: https://www.econbiz.de/10013537770
Corruption is believed to be a major factor impeding economic development, but the importance of legal enforcement … versus cultural norms in controlling corruption is poorly understood. To disentangle these two factors, we exploit a natural … generates a revealed preference measure of government officials' corruption based on real-world behavior taking place in the …
Persistent link: https://www.econbiz.de/10005720647
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