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Extractive industries, corruption and potential solutions. The case of Ukraine

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  • Teichmann, Fabian
  • Falker, Marie-Christin
  • Sergi, Bruno S.

Abstract

Ukraine's apparent predisposition for corruption is frequently criticized. This article gives an overview of corruption with a focus on the extractive industries and illustrates reasons why its elimination is desirable for both governments and corporations by using the example of Ukraine. Based on a qualitative study of ten interviews with international compliance experts, this study suggests that companies in the extractive industries should consider implementing compliance incentives to avoid the negative repercussions of corruption in the sales process and comply with anti-bribery regulations. This qualitative study analyses how employees of multinational corporations in the extractive industries could be discouraged from paying bribes to government officials. The study contributes to the existing literature by suggesting novel, immediate alternatives to current compliance measures and formal rules, which seem negligible.

Suggested Citation

  • Teichmann, Fabian & Falker, Marie-Christin & Sergi, Bruno S., 2020. "Extractive industries, corruption and potential solutions. The case of Ukraine," Resources Policy, Elsevier, vol. 69(C).
  • Handle: RePEc:eee:jrpoli:v:69:y:2020:i:c:s0301420720308758
    DOI: 10.1016/j.resourpol.2020.101844
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    1. Aleksandra Nowakowska & Magdalena Michalak & Ihor Lishchynskyy & Mariia Lyzun, 2022. "Ukrainian Regional Policy: The Path to European Integration," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 1-16.
    2. Natalia Iwaszczuk & Ivanna Zapukhliak & Aleksander Iwaszczuk & Oleh Dzoba & Oleksandra Romashko, 2022. "Underground Gas Storage Facilities in Ukraine: Current State and Future Prospects," Energies, MDPI, vol. 15(18), pages 1-34, September.

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