| Author: | Calderón, R. Álvarez-Arce, J.L. Mayoral, S. |
| Title: | Corporation as a crucial ally against corruption |
| Journal: | Journal of Business Ethics
2009 : VOL. 87:1 p. 319-332 |
| Index terms: | bribery |
| Freeterms: | anticorruption investment climate World Bank Governance |
| Language: | eng |
| Abstract: | The purpose of this paper is to contribute to an improved understanding of the role played by corporations in economic corruption, with the current World Bank Governance and Anticorruption report (WB-GAC, 2006-08) as a basis. It is found that pro-bribery Investment Climate conditions in host countries are not associated with the payments of bribes by multinational companies when these corporations operate abroad. The results of this empirical study suggest that a better Investment Climate is not enough for reducing corruption. |
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