| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17981 |
| 来源ID | Working Paper 17981 |
| How much do firms pay as bribes and what benefits do they get? Evidence from corruption cases worldwide | |
| Yan Leung Cheung; P. Raghavendra Rau; Aris Stouraitis | |
| 发表日期 | 2012-04-05 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | We analyze a hand-collected sample of 166 prominent bribery cases, involving 107 publicly listed firms from 20 stock markets that have been reported to have bribed government officials in 52 countries worldwide during 1971-2007. We focus on the initial date of award of the contract for which the bribe was paid (rather than of the revelation of the bribery). Our data enable us to describe in detail the mechanisms through which bribes affect firm value. We find that firm performance, the rank of the politicians bribed, as well as bribe-paying and bribe-taking country characteristics affect the magnitude of the bribes and the benefits that firms derive from them. |
| 主题 | International Economics ; International Factor Mobility ; Financial Economics ; Financial Markets ; Corporate Finance ; Other ; Law and Economics ; Accounting, Marketing, and Personnel |
| URL | https://www.nber.org/papers/w17981 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575657 |
| 推荐引用方式 GB/T 7714 | Yan Leung Cheung,P. Raghavendra Rau,Aris Stouraitis. How much do firms pay as bribes and what benefits do they get? Evidence from corruption cases worldwide. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17981.pdf（462KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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