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Private-to-private corruption

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Author Info

  • Argandoña, Antonio

    ()
    (IESE Business School)

Abstract

The cases of corruption reported by the media tend almost always to involve a private party (a citizen or a corporation) that pays, or promises to pay, money to a public party (a politician or a public official, for example) in order to obtain an advantage or avoid a disadvantage. Because of the harm it does to economic efficiency and growth, and because of its social, political and ethical consequences, private-to-public corruption has been widely studied. Private-to-private corruption, by contrast, has been relatively neglected and only recently has started to receive the attention it deserves. The purpose of this paper is to offer some thoughts on the nature and importance of private-to-private corruption; the legal treatment it receives in some of the world's leading countries; and the measures that companies can take to combat it, with special consideration of its ethical aspects.

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Bibliographic Info

Paper provided by IESE Business School in its series IESE Research Papers with number D/531.

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Length: 20 pages
Date of creation: 17 Dec 2003
Date of revision:
Handle: RePEc:ebg:iesewp:d-0531

Contact details of provider:
Postal: IESE Business School, Av Pearson 21, 08034 Barcelona, SPAIN
Web page: http://www.iese.edu/
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Related research

Keywords: bribery; corporate ethics; extortion; private-to-private corruption;

This paper has been announced in the following NEP Reports:

References

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  1. Armen A. Alchian & Harold Demsetz, 1971. "Production, Information Costs and Economic Organizations," UCLA Economics Working Papers 10A, UCLA Department of Economics.
  2. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
  3. Vito Tanzi, 1998. "Corruption Around the World: Causes, Consequences, Scope, and Cures," IMF Staff Papers, Palgrave Macmillan, vol. 45(4), pages 559-594, December.
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Citations

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Cited by:
  1. Ruth Aguilera & Abhijeet Vadera, 2008. "The Dark Side of Authority: Antecedents, Mechanisms, and Outcomes of Organizational Corruption," Journal of Business Ethics, Springer, vol. 77(4), pages 431-449, February.
  2. Mohamed Charki & Emmanuel Josserand & Nabila Charki, 2011. "Toward an Ethical Understanding of the Controversial Technology of Online Reverse Auctions," Journal of Business Ethics, Springer, vol. 98(1), pages 17-37, January.
  3. David Hess, 2009. "Catalyzing Corporate Commitment to Combating Corruption," Journal of Business Ethics, Springer, vol. 88(4), pages 781-790, October.
  4. Maria Halter & Maria Arruda, 2009. "Inverting the Pyramid of Values? Trends in Less-Developed Countries," Journal of Business Ethics, Springer, vol. 90(3), pages 267-275, December.
  5. Stelios Zyglidopoulos & Peter Fleming, 2008. "Ethical Distance in Corrupt Firms: How Do Innocent Bystanders Become Guilty Perpetrators?," Journal of Business Ethics, Springer, vol. 78(1), pages 265-274, March.
  6. Norman Bishara & Cindy Schipani, 2009. "Strengthening the Ties that Bind: Preventing Corruption in the Executive Suite," Journal of Business Ethics, Springer, vol. 88(4), pages 765-780, October.

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