The Business Case for Complying with Bribery Laws

摘要

The rules regarding bribery are clear at both the macro and the micro levels: individuals and firms may not pay bribes. Scholars have also examined the consequences of bribery at the macro level, and that research has been marshaled together in a comprehensive manner: the consequences can be devastating. However, although empirical and theoretical research has been conducted at the micro level, that research has not been marshaled together in the same way. The lack of a comprehensive overview of the firm- and individual-level consequences of paying bribes perhaps contributes to the continued payment of bribes by firms even though the rules clearly prohibit those bribes. The failure of scholarship to discuss the consequences at the micro level could also be interpreted as the failure to state a business case for not paying bribes.