Self-Interest and Altruism in the Deterrence of Transnational Bribery
AbstractThis article explains why states in which bribe payers are located ("payor states") criminalize transnational bribery. It suggests that these initiatives can enable selfinterested payor states to improve the terms upon which their nationals obtain the services of foreign public officials. Although the legislation in question is not patently designed to further economic interests, it may be only partially enforced in a manner consistent with the economic interests of payor states. This implies that further attention should be devoted to analyzing how anti-bribery legislation is enforced. Copyright 2002, Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal American Law and Economics Review.
Volume (Year): 4 (2002)
Issue (Month): 2 ()
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- Juan-José Ganuza & Marco Celentani & José-Luis Peydró, 2003.
"Combating Corruption in International Business Transactions,"
106, Barcelona Graduate School of Economics.
- Marco Celentani & Juan-José Ganuza & José-Luis Peydró, 2004. "Combating Corruption in International Business Transactions," Economica, London School of Economics and Political Science, vol. 71(283), pages 417-448, 08.
- Marco Celentani & Juan José Ganuza & José L. Peydró, 2003. "Combating corruption in international business transactions," Economics Working Papers 670, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2003.
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