payoffs to the client’s decision. We test this frame work using a new data set on bribery of Peruvian public officials by … households. The theory predicts that bribery is more attractive to both parties when the client is richer, and we find … empirically that both bribery incidence and value are increasing in household income. However, 65% of the relation between bribery …

This study provides the first systematic measure of bribery using micro-level data on reported earnings, household …-reported compensation in thepublic sector. Using the conditions of labor market equilibrium, we develop an aggregatemeasure of bribery and … find that the lower bound estimate of the extent of bribery in Ukraine is between 460 mln and 580 mln U.S. dollars (0 …

regarding bribery. Bribery in international business transactions can be seen as a function of not only the demand for such … representatives. This study addresses the propensity of firms from 30 different countries to engage in international bribery. The … study incorporates both domestic (economic development, culture, and domestic corruption in the supplying country) and …

There is growing consensus on the view that corruption hurts economic performance by reducing private investment, by … –, corruption also has adverse distributional effects as it hurts the poor disproportionately. For a given level of government … budget and national income, high corruption countries achieve lower literacy rates, have higher mortality rates, and overall …

feature of corruption. We also investigate implications of the stability of the corrupt regime for the dynamic extortion and …

-authors on corruption, ethical leadership, and social contracts theory, and relates that literature to corrupt activities by … corporate executives. Corruption is defined broadly to encompass executive self-dealing, which harms their firms. The specific … example, to propose a framework aimed at improving corporate governance and preventing future executive corruption. The …

This paper studies the impact of corruption on inward foreign direct investment using a unique firm-level data set. It … examines two effects of corruption simultaneously: a reduction in the volume of foreign investment and a shift in the ownership … structure. Corruption makes local bureaucracy less transparent and hence acts as a tax on foreign investors. Moreover …