Bribery – an obstacle to international development

Purpose Bribery continues to significantly inhibit international development. Despite massive efforts to fight corruption, public officials in many developing countries continue to demand bribes. However, multinational corporations face severe sanctions for engaging in bribery. Hence, this paper aim...

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Veröffentlicht in:Journal of financial crime 2019-07, Vol.26 (3), p.746-752
1. Verfasser: Teichmann, Fabian Maximilian Johannes
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description Purpose Bribery continues to significantly inhibit international development. Despite massive efforts to fight corruption, public officials in many developing countries continue to demand bribes. However, multinational corporations face severe sanctions for engaging in bribery. Hence, this paper aims to investigate whether anti-bribery incentives could help to eliminate corruption. Design/methodology/approach This study takes an innovative approach toward eliminating corruption: it investigates the potential role of anti-bribery incentives through qualitative content analysis of 35 semi-standardized interviews with anti-bribery experts from Austria, Germany, Liechtenstein and Switzerland. Findings Concrete recommendations for adjustments to incentive systems are provided in an effort to help multinational corporations fight bribery, and thereby, eliminate obstacles to international development. Originality/value Although the empirical findings are based on conditions Austria, Germany, Liechtenstein and Switzerland, the results have potential global application.
doi_str_mv 10.1108/JFC-08-2018-0080
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source Emerald Journals; PAIS Index; HeinOnline Law Journal Library
subjects Bribery
Compensation
Compliance
Content analysis
Corruption
Corruption in government
Developing countries
Employees
Incentives
Innovations
Investigations
LDCs
Multinational corporations
Offenses
Private sector
Public officials
Public sector
Transparency
Wages & salaries
Whistleblowing
title Bribery – an obstacle to international development
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