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The ‘Four-Eyes-Principle’ is considered as one of the most potent measures against corruption although it lacks both … theoretical and empirical justification. We show in a laboratory experiment using a standard corruption game that introducing the …
Persistent link: https://www.econbiz.de/10008852229
Corruption, evasion and the abuse of power (and the possibility thereof) are pervasive features of economic activity. A …
Persistent link: https://www.econbiz.de/10008852261
corruption. It shows that an improvement in institutional quality reduces the shadow economy and a?ects the corruption market …. The exact relationship between corruption and institutional quality is, however, ambiguous and depends on the relative e …?ectiveness of the institutional quality in the shadow and corruption markets. The predictions of the model are empirically tested …
Persistent link: https://www.econbiz.de/10008852477
The causes and consequences of corruption have attracted much attention in recent years by both academics and policy … makers. Central in the discussion on the impact of corruption are perception-based indices. Recent research has shown that … perceived corruption might not be a good indicator of actual corruption in a country. In this paper, we employ a structural …
Persistent link: https://www.econbiz.de/10008852478
In every democracy mass media play a crucial role in assuring the effective working of the political system. In this paper I focus on the role of media as 'watchdog'. In an agency relationship between politician and citizens, media perform the function of an informed supervisor. Previous works...
Persistent link: https://www.econbiz.de/10008852519
Extant literature on FDI entry modes and corruption tend to convey the idea that corruption leads to the choice of low … contact with corrupt state officials. Recently, however, Demirbag et al. (2010) argument that, despite corruption, linguistic … (Mozambique, São Tome and Principe) and middle (Cape Verde) levels of corruption, and that maintain quite close linguistic and …
Persistent link: https://www.econbiz.de/10008852556
The international business environment, through its cultural and economic diversity, often puts international managers in great difficulty as it generates a large variety of ethical issues. On a short term, finding a solution and respecting the organizational principles of business ethics could...
Persistent link: https://www.econbiz.de/10008852622
remittances to GDP leads to lower indices of control of corruption, government effectiveness, and rule of law, even after …
Persistent link: https://www.econbiz.de/10008852785
The establishment of macroeconomic stability, the conducted reforms and the institutional changes in the past years resulted into the improvement in the business conditions in Serbia. Significant advances were made in 2008 as regards the formulation and implementation of the policy of...
Persistent link: https://www.econbiz.de/10008853219
the incidence of corruption. We first present an interaction-based model on corruption that predicts that the level of … corruption is positively associated with social interaction. Then we empirically verify the theoretical prediction using within … a statistically significantly positive effect on the corruption rate in China. Our findings, therefore, underscore the …
Persistent link: https://www.econbiz.de/10008853878