Showing 1 - 10 of 50
enforcers - on sequential, bilateral, illegal transactions, such as corruption, manager-auditor collusion, or drug deals. It is …
Persistent link: https://www.econbiz.de/10010366558
We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost … bureaucrats, generating a trade-off. When the likelihood of corruption is high and competition is weak, collusion may be a price … worth paying to curb corruption. …
Persistent link: https://www.econbiz.de/10012697250
In the last two decades prolonged instances of corporate wrongdoing in Europe have been un-covered: from Siemens’ systemic bribery to HSBC and other major bank’s money laundering issues, Dieselgate, LIBOR price-rigging, and the recent Wirecard debacle. What has driven European firms to...
Persistent link: https://www.econbiz.de/10012594658
the bribe and double the fine for accepting the bribe! We develop a formal model and delineate circumstances under which … conclude discussing the implications for the fight of more harmful forms of corruption. …
Persistent link: https://www.econbiz.de/10009395372
proposal to legalize paying bribes while increasing fines on accepting bribes. We explore performance as regards corruption … enforcement agencies, and discuss the relevance for fighting other forms of corruption. …
Persistent link: https://www.econbiz.de/10011083969
Leniency programmes reduce sanctions for law violators that self-report. We focus on their ability to deter cartels and organised crime in general by increasing incentives to "cheat" on partners. Moderate leniency programmes that reduce/cancel sanctions for the reporting party cannot affect...
Persistent link: https://www.econbiz.de/10011608606
enforcers - on corruption, drug dealing, and other forms of sequential, bilateral, illegal trade. We find that when not properly …
Persistent link: https://www.econbiz.de/10010281225
the bribe and double the fine for accepting the bribe! We develop a formal model and delineate circumstances under which … conclude discussing the implications for the fight of more harmful forms of corruption. …
Persistent link: https://www.econbiz.de/10012110640
in China in 1997 has not helped fighting corruption. Following up on this view, the Central Committee of the Chinese … designing and correctly evaluating these policies is difficult. Corruption is only observed if detected, and an increase in … convictions is consistent with both reduced deterrence or improved detection. We map the evolution of the Chinese anti-corruption …
Persistent link: https://www.econbiz.de/10012110661
markets, however, bid-rigging schemes are often accompanied by corruption of public officials. In the absence of coordinated … forms of leniency (or rewards) for unveiling corruption, a policy offering immunity from antitrust sanctions may not be … for corruption. This paper assesses the extent of this problem by describing and discussing the antitrust and anti-corruption …
Persistent link: https://www.econbiz.de/10012110663