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Bribery – an obstacle to international development

Bribery – an obstacle to international development PurposeBribery continues to significantly inhibit international development. Despite massive efforts to fight corruption, public officials in many developing countries continue to demand bribes. However, multinational corporations face severe sanctions for engaging in bribery. Hence, this paper aims to investigate whether anti-bribery incentives could help to eliminate corruption.Design/methodology/approachThis study takes an innovative approach toward eliminating corruption: it investigates the potential role of anti-bribery incentives through qualitative content analysis of 35 semi-standardized interviews with anti-bribery experts from Austria, Germany, Liechtenstein and Switzerland.FindingsConcrete recommendations for adjustments to incentive systems are provided in an effort to help multinational corporations fight bribery, and thereby, eliminate obstacles to international development.Originality/valueAlthough the empirical findings are based on conditions Austria, Germany, Liechtenstein and Switzerland, the results have potential global application. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Financial Crime Emerald Publishing

Bribery – an obstacle to international development

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1359-0790
DOI
10.1108/JFC-08-2018-0080
Publisher site
See Article on Publisher Site

Abstract

PurposeBribery continues to significantly inhibit international development. Despite massive efforts to fight corruption, public officials in many developing countries continue to demand bribes. However, multinational corporations face severe sanctions for engaging in bribery. Hence, this paper aims to investigate whether anti-bribery incentives could help to eliminate corruption.Design/methodology/approachThis study takes an innovative approach toward eliminating corruption: it investigates the potential role of anti-bribery incentives through qualitative content analysis of 35 semi-standardized interviews with anti-bribery experts from Austria, Germany, Liechtenstein and Switzerland.FindingsConcrete recommendations for adjustments to incentive systems are provided in an effort to help multinational corporations fight bribery, and thereby, eliminate obstacles to international development.Originality/valueAlthough the empirical findings are based on conditions Austria, Germany, Liechtenstein and Switzerland, the results have potential global application.

Journal

Journal of Financial Crime – Emerald Publishing

Published: Jul 2, 2019

References

  • Agency theory and the internal audit
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  • Corruption and development: a review of issues
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  • Taxes and bribery: the role of wage incentives
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  • The use of intermediaries and other alternatives to bribery
  • The quantitative/qualitative divide revisited: a study of published research, doctoral program curricula, and journal editor perceptions
  • Explaining corruption: an institutional choice approach