We analyze a hand-collected sample of bribery cases from around the world to describe how payment bribes affects shareholder value. The net present value bribe conditional on getting caught is close zero for median firm in our sample. However, controlling industry, country, and characteristics, $1 increase size associated with an ex ante $6–$9 firm, suggesting correlation between available bene...

Awareness-raising messages feature prominently in most anticorruption strategies. Yet, there has been limited systematic research into their efficacy. There is growing concern that awareness-raising efforts may be backfiring; instead of encouraging citizens to resist corruption, they nudging them “go with the corrupt grain.” This study offers a first test effect messaging on ordinary people’s b...

Corruption is pervasive, but we know little about its effects on individual lives. Using individual-level data from 28 post-communist countries, demonstrate that bribing for public services worsens self-assessed health. We account endogeneity of bribery and show any type service, not just health services, has an adverse impact. also find lowers the quality received. Moreover, there are potentia...

We study the concept of bribery in the situation where voters are willing to change their votes as we ask them, but where their prices depend on the nature of the change we request. Our model is an extension of the one of Faliszewski et al. [FHH06], where each voter has a single price for any change we may ask for. We show polynomial-time algorithms for our version of bribery for a broad range ...

The endemic corruption of weak governments in poor nations is a major impediment not only to the economic development of ill-served peoples, but also to the development of world trade that could benefit both those who work for a living and those who manage them. Public corruption, like private greed, is a problem everywhere. It was a typical feature not only of the Roman Empire,1 but also of ma...

Corruption, an undeniable reality in the health sector, is arguably the most serious ethical crisis in medicine today. However, it remains poorly addressed in scholarly journals and by professional associations of physicians and bioethicists. This article provides an overview of the forms and dynamics of corruption in healthcare as well as its implications in health and medicine. Corruption tra...

Extant research concludes that family firms are less likely to bribe due reputation concerns. However, such conclusions are, a certain extent, inconsistent with the intuition and observation some can be aggressive bribers. This study employs restricted-extended framework of socioemotional wealth model reconcile this inconsistency. We propose management, on one hand, results in preservation will...