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As Government contractors expand their business overseas, they expose themselves to the risk of violating the Foreign Corrupt Practices Act (FCPA) and the high sanctions that accompany those violations. Given the nature of a Government contractor's business, they are naturally at greater risk of...
Persistent link: https://www.econbiz.de/10013114130
This paper uses a multiple indicators and multiple causes (MIMIC) model and estimates the extent of corruption in 30 Chinese provinces from 1995 to 2015. Treating corruption as an unobserved latent variable, the MIMIC results show that both government size and public investment have significant...
Persistent link: https://www.econbiz.de/10012910628
This paper uses a multiple indicators and multiple causes (MIMIC) model and estimates the extent of corruption in 30 Chinese provinces from 1995 to 2015. Treating corruption as an unobserved latent variable, the MIMIC results show that both government size and public investment have significant...
Persistent link: https://www.econbiz.de/10011884334
Why is corruption-defined here as the misuse of public office for private gain-perceived to be more widespread in some countries than others? Different theories associate cross-national variation in the extent of corruption with particular historical and cultural traditions, levels of economic...
Persistent link: https://www.econbiz.de/10014125916
Corruption has long been endemic in Indian telecommunications. Individuals and small contractors must pay bribes or "facilitation fees" to obtain a fixed line or to release a payment for a contract or, even, a pension. Investigation of complaints about the government and state-owned operators...
Persistent link: https://www.econbiz.de/10013067487
Despite strong traditions of research into corruption and into telecommunications policy and regulation, the two are almost never combined, an absence that remains unexplained. One possibility is that it is “dangerous” in terms of physical harm, financial harm from defamation law suits or...
Persistent link: https://www.econbiz.de/10013074810
The role of corporate and securities laws in addressing foreign corrupt business practices has, to date, received limited consideration. Departing from the substantial literature on the criminal and public law response to international corruption, the authors analyze Canada's Corruption of...
Persistent link: https://www.econbiz.de/10013003152
The activity of lobbying in an economy is one which has numerous societal costs and benefits. The most significant effect is how far from the optimum productivity curve does it move an economy. Is the net effect a negative or positive gain in social welfare measured by standard of living and...
Persistent link: https://www.econbiz.de/10012916424
Greece had, largely as a result of clientele policies, delayed its privatization of the state-owned telecommunications operator, the Hellenic Telecommunications Organization (OTE) and the liberalization of markets. For over a decade up to 2004 Siemens paid bribes to managers of OTE, to senior...
Persistent link: https://www.econbiz.de/10014173951
In December 2011, prosecutors in the United States of America announced the settlement of cases against Magyar Telekom and Deutsche Telekom in respect of bribery of officials in two countries in the Balkans. In the Former Yugoslav Republic of Macedonia (FYROM) they had obtained a delay in a...
Persistent link: https://www.econbiz.de/10014174528