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Despite decades of failed anti-corruption efforts, most government organizations operate as if additional compliance …-based efforts will curb corruption. This article offers an explanation for why many of the government ethics rules imposed on public … instead the adoption of values-based ethics programs and practices to reduce corruption. (This abstract is not in the original …
Persistent link: https://www.econbiz.de/10014046054
those without. Using the recent anti-corruption campaign in China as a quasi-experiment, we investigate how endeavors for … counter-corruption affect inequality and potential cronyism in bureaucratic employment through inter-generational transmission … more than 5 percentage points. Moreover, we explore potential mechanisms through which anti-corruption efforts have …
Persistent link: https://www.econbiz.de/10013358054
process. However, strengthening anti-corruption efforts is costly. This cost is part of the total financial aid and it …, the corruption is not effectively deterred while the cost of inspection consumes part of the budget. The inspection …
Persistent link: https://www.econbiz.de/10014258142
Corruption is a widespread phenomenon in many developing and transitional economies. China is a country in profile both … in the prevalence of corruption, and in its attempts to root out corruption. The recent anti-corruption campaign in China … also provides unusual amount of data to study the causes and consequences of corruption, which will have implications for …
Persistent link: https://www.econbiz.de/10014287377
We investigate how local political corruption shapes corporate financial reporting conservatism. Using a large sample … of U.S. public firms, we find that firms located in areas with higher levels of political corruption tend to adopt …. Further analysis reveals that the positive effect of corruption on conservatism is stronger for firms with less bargaining …
Persistent link: https://www.econbiz.de/10014110085
This paper documents novel evidence on the influence of political incentives in the regulatory enforcement of foreign bribery. Using case-level data from the U.S. Securities and Exchange Commission and U.S. Department of Justice, we find strategic discretion in the timing of enforcement in the...
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