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Can decentralization of firms be successful in an environment with weak institutions? Decentralization can do a great …-making and enhancing motivation of employees. However, decentralization is associated with a substantial increase in agency risk … real decentralization for firms that decentralize decision-making to competitively hired professionals and cautious …
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I model the connection between the equilibrium bribe amount and the fines imposed on both bribe-taker and bribe-payer. I show that Basu’s (2011) proposal to lower the fines imposed on bribe-payers in order to induce more whistleblowing and increase the probability of penalizing corrupt...
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Introduction: Corruption Consolidation in Local Governments -- Intermittent networks of corruption in real estate … governments -- Fighting corruption intermittently: the role of the municipal comptroller's office’ -- The geographical origins of … corruption: A spatial analysis based on a geographical utility index -- The paths of corruption in Brazilian municipalities …
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