This paper reports on an experiment of corruption that was conducted in two treatments: one with the possibility of … detection and one without. It turns out that monitoring reduces corruption through deterrence; at the same time, it destroys the … intrinsic motivation for honesty. Thus the net effect on overall corruption is a priori undetermined. We show that the salary …

This article investigates the relationship between corruption and firm performance in Greece using firm level data …. Corruption is overall negatively associated with firm size and growth at the firm level. We focus on the effect of … ‘administrative corruption’, whereby firms engage in corrupt practices and bribery of government officials. We contrast the firm …

corruption on productivity. Corruption is narrowly defined as the occurrence of informal payments to government officials to ease … particular, in countries where corruption is more prevalent and the legal framework is weaker, bribery is more harmful for firm …

specific attitudes regarding the acceptance of corruption. The dataset on which our study is based was collected by the World … attitudes towards corruption and religion are associated given certain societal and institutional contexts. Our results show … that although there is a negative and statistically significant effect of religiosity on the acceptance of corruption on …

Much hope is put into the ‘‘four eyes principle’’ as an anti corruption device in many countries. However, as recent … investigation of individual versus group decision making in a corruption experiment. We find that the group decisions, as compared … to individual decisions, lead to a higher level of corruption, for bribers and for bribees, and in China as well as in …

This study empirically explores the relationship between corruption and the quality of political management in … corruption, ‘grease the wheels’ and ‘sand in the wheels’, argued in the literature to determine if a nonlinear … relationship exists between corruption and the quality of political management. Using a cross-country data set of 114 countries …

This research investigates private sector corruption. The research focuses on a firm’s life cycle as it relates to … corruption. Free cash flows to dividends and leverage are used as indicators of private sector corruption. The research examines … major indicator of firm micro level corruption while dividend policy is not. The results show maturity stage firms have the …

The impact of corruption on foreign direct investment (FDI) inflows has been analyzed by many recent studies …. Corruption can either reduce FDI as a grabbing hand by raising uncertainty and transaction costs or facilitate FDI as a helping … Least Squares (FGLS) methodology on 1995- 2011 panel data from 53 African countries, this study finds that corruption …

This paper clarifies the main theoretical issues of corruption. An estimate and branch analysis of corruption in Russia … is offered. The research concentrates on effects produced by corruption on social expenditures. The analysis demonstrates … how corruption influences the poverty situation after social transfers and on the general efficiency of social payments …

that globalization has lead to a decrease in corruption as countries wishing to join the global economy must comply with … international anti-corruption rules and regulations. This study empirically explores this paradox using the Corruption Perceptions … exists between globalization and corruption. Specifically, the results of this study suggest that the effect of globalization …