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EU accession : a boon or bane for corruption?

Alfano, Vincenzo; Capasso, Salvatore; Goel, Rajeev K. - 2020

of corruption in a nation after joining the Union has not been formally studied. Any nation that joins the European Union … potentially faces two different and opposite effects on corruption. On the one hand, there are reasons to believe that corruption … is going to decrease because of the efforts of the EU to fight corruption or because of the opening of the markets to …

Persistent link: https://www.econbiz.de/10012199848

The revolving door : state connections and inequality of influence in the US banking sector

Brezis, Elise S.; Cariolle, Joël - 2017

This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...

Persistent link: https://www.econbiz.de/10011729453

Are new states more corrupt? : expert opinions vs. firms' experiences

Adhikari, Tamanna; Breen, Michael; Gillanders, Robert - 2017

We find that new states are perceived to be more corrupt even though businesses do not report more bribery in newer states. This is suggestive of an unearned, and likely high, reputational cost to being a new state. These findings hold over a number of specifications that include additional...

Persistent link: https://www.econbiz.de/10011736789

Corruption in Russia : historic legacy and systemic nature

Schulze, Günther G.; Zakharov, Nikita - 2018

This paper argues that corruption in Russia is systemic in nature. Low wage levels of public officials provide strong … incentives to engage in corruption. As corruption is illegal, corrupt officials can be exposed any time, which enforces loyalty … towards the powers that be; thus corruption is a method of governance. We trace the systemic corruption back to the Mongolian …

Persistent link: https://www.econbiz.de/10011789215

The consequences of corruption on inflation in developing countries : evidence from panel cointegration and causality tests

Özşahin, Şerife; Üçler, Gülbahar - In: Economies : open access journal 5 (2017) 4, pp. 1-15

Up until the 1980s, studies on corruption were dominated by disciplines of public administration and sociology. In the … International Agency, corruption, which has a negative impact on most macroeconomic indicators, is “the abuse of entrusted power for … private gain”. Even though the disruption of corruption causing weak growth and investment rates has long been examined, there …

Persistent link: https://www.econbiz.de/10011778653

Whistle-blower protection : theory and experimental evidence

Mechtenberg, Lydia; Mühlheußer, Gerd; Roider, Andreas - 2017

Whistle-blowing by employees plays a major role in uncovering corporate fraud. Various recent laws aim at improving protection of whistle-blowers and enhancing their willingness to report. Evidence on the effectiveness of such legislation is, however, scarce. Moreover, critics have raised...

Persistent link: https://www.econbiz.de/10011619649

Sticks or carrots? : comparing effectiveness of government shadow economy policies in Russia

Kluge, Janis; Libman, Alexander - 2017

Which incentives have the strongest impact on the size of the shadow economy? Is it about government's pressure against entrepreneurs operating in this sector, or is it about the benefits of legality? The goal of this paper is to explicitly contrast the role of sticks (court repressiveness) and...

Persistent link: https://www.econbiz.de/10011620553

A dynamic theory of regulatory capture

De Chiara, Alessandro; Schwarz, Marco - 2021

Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...

Persistent link: https://www.econbiz.de/10012491609

Market contestability and bribe solicitations : evidence across stages of firms' operations

Goel, Rajeev K.; Mazhar, Ummad; Saunoris, James W. - 2018

Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in …

Persistent link: https://www.econbiz.de/10011822610

Former communist party membership and bribery in the post-socialist countries

Ivlevs, Artjoms; Hinks, Timothy - 2018

. Overall, our findings suggest that the proclivity to corruption of the former Communist party members has been transmitted … through family and thus sustained over time, contributing to corruption decades after the demise of the Socialist bloc. …

Persistent link: https://www.econbiz.de/10011872640