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Corruption: The Profile of Political Companies in Romania

Author

Listed:
  • Daniela Pirvu

    (University of Pitesti, Faculty of Economic Sciences, Romania)

Abstract

The subject of the paper is related to the tainting of the public contract award process and the consequences generated by it: corruption in public procurement, which is a major problem of the Romanian economy, recognised and pointed out both at the national and at the European level. The study provides empirical evidence that between 2009–2013 there were many companies that repeatedly win public procurement contracts and do business only (or almost only) with the local and central authorities (contracting authorities who represent the interests of political parties). At the theoretical level, the profile of these companies, called political companies, is identified.

Suggested Citation

  • Daniela Pirvu, 2015. "Corruption: The Profile of Political Companies in Romania," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 65(supplemen), pages 65-82, December.
    • Handle: RePEc:aka:aoecon:v:65:y:2015:i:supplement1:p:65-82
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    File URL: http://www.akademiai.com/doi/pdf/10.1556/032.65.2015.S1.5
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    Citations

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    Cited by:

    1. Veronika Linhartová & Martina Halásková, 2022. "Determinants of corruption: a panel data analysis of Visegrad countries," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(1), pages 51-79, March.
    2. Dennis Coates & Iuliia Naidenova & Petr Parshakov, 2019. "Determinants of governmental support of Russian companies: lessons on industrial policy, rent-seeking and corruption," Constitutional Political Economy, Springer, vol. 30(4), pages 438-466, December.

    More about this item

    Keywords

    contracting authorities; corruption; political companies; profile; public procurement; work contracts; Romania;
    All these keywords.

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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