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Bribery: not only wrong, but costly too?
Examines the economic consequences of bribery on firm performance, drawing on research by Fisman and Svensson (2007). Using data from the Ugandan Industrial Enterprise Survey, the study reveals that bribery significantly hampers annual firm growth—a 1% increase in bribery correlates with a 3.3% decline in growth rates. In contrast, taxation, while also negatively impacting growth, has a weaker effect due to its societal benefits (e.g., infrastructure funding). The research highlights bribery as a private good that enriches individuals rather than contributing to public welfare, making it more detrimental than taxation. Unique methodological approaches, such as indirect questioning and repeated firm visits, were employed to ensure data reliability in a challenging research context. The findings strengthen the case against bribery by adding economic costs to traditional ethical objections. For businesses operating in corruption-prone environments, the study underscores the importance of avoiding bribery to preserve growth potential and align with long-term corporate governance goals.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| AMP2103 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Briarcliff Manor, NY: Academy of Management 2007 |
|---|---|
| Edisi | Vol. 21, No. 3, Aug., 2007 |
| Subjek | Taxation Corruption Business ethics Corporate governance Firm Growth Bribery Ugandan Enterprises |
| ISBN/ISSN | 15589080 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 2 p. |
| Info Detail Spesifik | Academy of Management Perspectives |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |