This paper aims to contribute to a better understanding of the volume of the Non-Observed Economy (ENR) in Portugal, by estimating, based on MIMIC models (multiple indicators multiple causes), its path in the period 1977- 2008. Given, on the one hand, the infl uence of the tax burden, the burden...

Fraud, non-observed economy, money laundering, social decohesion and ethical degeneration are part of the same process. We need to understand the total process of fraud. This is not a social excrescence, but an integral element of the present society and an assumed element of social relations....

Despite voluminous literature on corruption and the entry mode choices of MNCs in isolation, a comprehensive account which details the mechanisms through which corruption impacts on MNCs’ entry modes is lacking. To overcome such a gap, we systematically review and provide an up-to-date...

This article is about the role of the business sector in the fight against corruption in Portugal. By corruption it is meant the abuse of office, public or private, for personal benefit or that of third parties. Some forms of corruption fall under the current legal framework and constitute...

In this study, we examine the changes in disclosure practices at Siemens AG—a large German multinational corporation, on compliance and the fight against corruption over a period of 11 years during which two significant corruption-related events occurred: (1) the issuance of the 10th principle...

This article focus on the conflict of interests topic, from a legal and economic point of view, refl ecting critically on the actual legislative context in Portugal, in selected professions, and providing also a brief comparative overview of specific jurisdictions.

The paper develops a formal model of external knowledge and identifies the role of knowledge multipliers. Social interactions and knowledge multipliers play a crucial role in the determination of the rate of technological change. The analytical identification of the knowledge multiplier...

This paper conducts a comprehensive study on entrepreneurship dynamics using a large longitudinal matched employer-employee dataset. We identify the transition of over 200,000 nascent business-owners and follow their survival patterns in the respective businesses using discrete time competing...

This paper aims to establish a support decision model by which an optimal mark-up (profit margin) in the context of a bidding process is reached through the valuation of the option to sign the contract assuming the contractor is chosen to perform the project. The price included in the bid...

A dynamic directional input distance function is proposed within the adjustment-cost model of the firm, generalizing the directional distance function developed by Chambers, Chung and Färe (1996) in the static context. Duality is established between the dynamic directional distance function and...