This study presents the results of an empirical study of attitudes toward bribe-taking in Turkey. The authors constructed a survey instrument that asked whether accepting a bribe in the course of one’s duties was justifiable. Respondents were asked to select a number from 1 (never justifiable)...

Corporate governance has received an increasing amount of attention in recent years. Corporate scandals have brought corporate governance weaknesses to the attention of the general public, especially in the United States. Weaknesses in the corporate structure of some Asian countries have been...

Transparency is one of those terms that have many facets. It is used in different ways. It can refer to the openness of governmental functions. It can refer to a country's economy. Or it can refer to various aspects of corporate governance and financial reporting. The OECD (1998) lists...

Insider trading has received a great deal of bad press in recent decades. Nearly every article in the popular press that has been written about it views the practice in a negative light. However, the economics and legal literature are mixed on the issue. This article examines the economics and...

This article applies the concepts of opportunity cost and utilitarian ethics to corporate bailouts. When one thinks about bailing out a failing or distressed industry it is also necessary to consider alternative uses for the funds. Opportunity cost analysis concludes that the funds used for...

The present study addresses the question, “How serious is bribery?” In order to arrive at an answer, it was necessary to compare the seriousness of bribery to that of other selected acts. World Values Survey data for Greece were used to compare bribery to 18 other moral issues. Respondents...

The present study addresses the question, “How serious is bribery?” In order to arrive at an answer, it was necessary to compare the seriousness of bribery to that of other selected acts. World Values Survey data for Poland were used to compare bribery to 12 other moral issues. Respondents...

The present study addresses the question, “How serious is bribery?” In order to arrive at an answer, it was necessary to compare the seriousness of bribery to that of other selected acts. World Values Survey data for Romania were used to compare bribery to 18 other moral issues. Respondents...