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A flurry of high-profile corruption scandals ranging from BAe Systems to Siemens, Halliburton to Samsung highlights the private sector plays a role at the ...
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Research Article
Political Connections and Firm Value: Evidence from the Regression Discontinuity Design of Close Gubernatorial Elections
Drawing upon regression discontinuity method, this working paper investigates the role of political connections on firm values in the United States. The authors find evidence that firms connected with elected politicians do increase their value.
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Research Article
Do Political Blogs Matter? Corruption in State-Controlled Companies, Blog Postings, and DDoS Attacks
This working paper probes to what extent net-activism can influence corruption behavior in non-democracies. The authors analyse the impact of anti-corruption blog posts on the stock prices of state-controlled firms in Russia. Their research uncovers a negative correlation between stock prices and blog posts both in the short and medium term. Moreover, they provide evidence that the relationship between stock prices and blog posts is causal, using an instrumental variable and placebo tests.
Categories:
Corporate Governance, Civil Society, Judiciary, Media, Political Corruption, Transition Countries, Europe and Central Asia, Access to Information, Citizen Initiatives, New Media, Empirical Data Analysis, Single Country Analysis
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Research Article
Identification and Quantification of the Proceeds of Bribery
This study conducted by the OECD and the World Bank analyses the identification and quantification of the proceeds of active bribery in international business transactions. Active bribery is defined as the “…criminal offence committed by paying, offering or promising a bribe or an undue advantage to an official”. The authors contend that while international efforts thus far has put a lot of emphasis on quantifying the amount of bribe, its financial equivalent, and even the indirect proceeds accrued by corrupt public officials, much less emphasis has been placed on the proceeds of active bribery, i.e. the benefit gained by the bribe payer, which is often more substantial than the actual amount of the bribe paid.
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Research Article
A Trio of Perspectives on Corruption: Bias, Speed Money and “Grand Theft Infrastructure”
Drawing upon the freshly expanded World Bank’s Enterprise Survey (ES), Kenny, Klein and Sztajerowska present an original paper examining three themes: corruption measurement pitfalls, corruption as efficient grease, and corruption in infrastructure. The Enterprise Survey now covers 125 countries and provides interesting insights, depicting an alternative picture from Transparency Internaional’s CPI or the World Bank’s Doing Business data – the latter portraying a de jure description of firm's environment, focusing on the institutional background.
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Research Article
Corporate Governance and Corruption: Ethical Dilemmas of Asian Business Groups
In this recent paper from the Journal of Business Ethics, the author explores the relationship between corporate governance and corruption in family-owned business groups in the Philippines. The study is based on 40 semi-structured interviews of elite business managers, academics, and government officials carried out in 2007.
Categories:
Corporate Governance, Elections, Judiciary, Local Government, Poverty, Transition Countries, Asia Pacific, Law Enforcement, Self-regulation, Qualitative Analysis, Single Country Analysis, Comparative Analysis, Private Sector (General)
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Register
today to let the ACRN community know about an upcoming event, job or funding opportunity and new
corruption research resources
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Event
Best of: Robert Klitgaard
Laxenburg,
from
Jul 10, 2013 09:00 AM to
Jul 11, 2013 05:00 PM
Categories:
Corporate Governance, Civil Society, Money Laundering, Political Corruption, Global, Anti-Corruption Education, Anti-Corruption Laws, Asset Recovery, Law Enforcement, Comparative Analysis, International Analysis, Private Sector (General), Education, Health, Construction, Defence, Extractives
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Event
3rd Global Conference on Transparency Research HEC
Paris,
from
Oct 24, 2013 10:55 AM to
Oct 26, 2013 10:55 AM
Categories:
Corporate Governance, Civil Society, E-Government, Elections, Procurement, Public Financial Management, Global, Access to Information, Anti-Corruption Institutions, Audit, Experimental Research, Empirical Data Analysis, Qualitative Analysis, Single Country Analysis, Comparative Analysis, International Analysis, Private Sector (General), Education, Health, Construction, Defence, Extractives, Real Estate, Financial Markets, Forestry, Energy, Water
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Job Posting
Data Research Internship (French-English) – Corporate Governance
The selected candidate will be responsible for assisting analysts in scrutinizing companies’ documents (agenda of the AGM, articles of association, annual report) with regard to their corporate governance performance. Responsibilities include: Coding each resolution on a company’s annual general meeting agenda into a standardized format; Gathering data based on information in the company’s public documents; Engaging with companies in order to procure additional information; Analysing corporate governance practices of listed companies; Contributing to the research department through profiling of listed companies.
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Course
Leading with Ethics and Compliance (UC Berkeley)
This executive education course aimed at compliance professionals and executives takes an integrative approach to ethics and compliance programming. In an immersive, action-oriented curriculum, participants will work with a mix of UC Berkeley faculty and industry experts. Through case studies, classroom lecture, and group breakout sessions, faculty and industry experts will deliver strategic and tactical insights that can be applied immediately.
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Course
Multinationals and Corruption (The Hague University)
Developed by Professor Abiola Makinwa at the Hague Law School, this course introduces students to the international regulatory framework on corruption as it relates to multinational corporations (MNC’s). Anti-corruption strategy has moved to the center stage of corporate planning and strategy as links between corruption, poverty, crime, and the lack of sustainable development have led to a worldwide consensus criminalising bribery in international transactions. This has resulted in a regulatory climate where MNC’s have to ensure that company activities are in line with minimum standards of compliance.
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