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Does stakeholder engagement affect corruption risk management?

Author

Listed:
  • Fabio Monteduro

    (University of Rome Tor Vergata)

  • Ilenia Cecchetti

    (University of Rome Tor Vergata)

  • Ylenia Lai

    (University of Rome Tor Vergata)

  • Veronica Allegrini

    (University of Rome Tor Vergata)

Abstract

Major international organizations such as the Organization for Economic Cooperation and Development (OECD), the United Nations (UN), and the European Union (EU) have stressed the importance of risk management as a useful mechanism to prevent corruption. Anticorruption laws or regulations have been developed around the world, both at regional and national level. These aim to support the design and implementation of proactive management of corruption risks in the public sector. This article aimed to investigate the relationship between stakeholder engagement and the extent of implementation of corruption risk management systems by public organizations. We analysed the anticorruption plans of 343 Italian administrations to explore how different categories of stakeholders (i.e. employees, governing bodies, users/citizens associations) can contribute to the corruption risk management process. We found that the involvement of external and internal stakeholders can positively affect the extent of implementation of corruption risk management systems by public organizations. We explained our results by referring to both traditional organizational theories (institutional theory and the resource-based view) and public governance theories (collaborative and inclusive governance). Institutional pressures, knowledge and values emerged as keys to understanding the results.

Suggested Citation

  • Fabio Monteduro & Ilenia Cecchetti & Ylenia Lai & Veronica Allegrini, 2021. "Does stakeholder engagement affect corruption risk management?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(3), pages 759-785, September.
    • Handle: RePEc:kap:jmgtgv:v:25:y:2021:i:3:d:10.1007_s10997-020-09527-9
    DOI: 10.1007/s10997-020-09527-9
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