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This paper derives conditions under which reputation enables certifiers to resist capture. These conditions alone have strong implications for the industrial organization of certification markets: 1) Honest certification requires high prices that may even exceed the static monopoly price. 2)...
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for property or other valuable assets that often involves corruption and fraud. In addition to production facilities, real …Raiding along with corruption is the number one problem in Russia. Raiding is a hostile takeover that manifests a fight …
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In this study, we analyze two new potential determinants for mitigating fraud committed by firms: institutional … incidences of corporate fraud. The importance of political connection for enterprise in both developed and emerging markets such … identify another positive effect on enterprise in that political connection could reduce incidences of corporate fraud, thus …
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corruption. Students who demonstrate lower levels of prosocial preferences in the laboratory games are also more likely to prefer … corruption do not systematically predict job preferences. We find that a screening process that chooses the highest ability … applicants would not alter the average propensity for corruption among the applicant pool. Our findings imply that differential …
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This Article develops an economic understanding of bribery, unlawful gratuity, and honest-services fraud offenses … on the exchange's particulars - it constitutes bribery, unlawful gratuity, or honest-services fraud. Based on this simple … insight, I criticize the Supreme Court's jurisprudence of criminal corruption …
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Transparency is usually thought to reduce favoritism and corruption by facilitating monitoring by outsiders, but there … aggregates favoritism (nationalistic bias from own-country judges) and corruption (vote trading), actually increased slightly …
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governments. Fighting corruption requires the investigation, detection and prevention of frauds. Advancement in fraud detection … process includes the use of forensic accounting and empirical studies reported its effectiveness in fraud detection process …. However, there seems to be low adoption rate of forensic accounting by organization including anti-corruption agencies (ACAs …
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Whistleblower rewards have been used extensively in the US to limit procurement fraud and tax evasion, and their use … has been extended to fight financial fraud after the recent financial crisis. There is currently a debate on their …
Persistent link: https://www.econbiz.de/10012900267