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Public procurement can be highly vulnerable to corruption. This paper outlines a methodology and results in assessing … corruption risks in public procurement and their impact on relative prices, using large databases on government contracts and … corruption risk factor (aggregated in a synthetic corruption risk index). While there are intrinsic limitations to our study …
Persistent link: https://www.econbiz.de/10014081633
Operation Car Wash began in 2014 and brought to light corruption schemes within public procurement. It prompted Brazil … to intensify its legal crusade against corruption and improbity. Brazil improved enforcement of rules long ignored, and …
Persistent link: https://www.econbiz.de/10014260462
We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement mechanism is delegated to an agent of the buyer. The agent has private information about the buyer s preferences and may collude with one of the sellers. We provide a precise...
Persistent link: https://www.econbiz.de/10010342227
Using the regression discontinuity design of close gubernatorial elections in the U.S., we identify a significant and positive impact of the social networks of corporate directors and politicians on firm value. Firms connected to elected governors increase their value by 3.89%. Political...
Persistent link: https://www.econbiz.de/10011249372
predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …
Persistent link: https://www.econbiz.de/10009369360
predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …
Persistent link: https://www.econbiz.de/10009002328
predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …
Persistent link: https://www.econbiz.de/10008865969
The aim of this paper is to reveal whether there is a relation between public procurement and the election cycle in Prague. The examined data cover the period from 2005 to 2011. Two hypotheses have been set in order to discover whether there is such a relation. The first one postulates that...
Persistent link: https://www.econbiz.de/10011195119
The study analyzes the reliability of corruption risk indicators using Hungarian public procurement data, specifically …. The investigation aims to determine whether corruption risk indicators for public procurement contracts related to the … analysis utilizes data from the Corruption Research Center Budapest database, encompassing Hungarian public procurement …
Persistent link: https://www.econbiz.de/10014454615
We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …
Persistent link: https://www.econbiz.de/10012437907