JBE.pdf (775.28 kB)
State owned enterprises as bribe payers: the role of institutional environment
journal contribution
posted on 2023-06-09, 09:19 authored by Noman Shaheer, Jingtao Yi, Sali Li, Liang ChenOur paper draws attention to a neglected channel of corruption—the bribe payments by state-owned enterprises (SOEs). This is an important phenomenon as bribe payments by SOEs fruitlessly waste national resources, compromising public welfare and national prosperity. Using a large dataset of 30,249 firms from 50 countries, we show that, in general, SOEs are less likely to pay bribes for achieving organizational objectives owing to their political connectivity. However, in deteriorated institutional environments, SOEs may be subjected to potential managerial rent-seeking behaviors, which disproportionately increase SOE bribe propensity relative to privately owned enterprises. Specifically, our findings highlight the importance of fostering democracy and rule of law, reducing prevalence of corruption and shortening power distance in reducing the incidence of SOE bribery.
History
Publication status
- Published
File Version
- Accepted version
Journal
Journal of Business EthicsISSN
0167-4544Publisher
Springer VerlagExternal DOI
Issue
1Volume
159Page range
221-238Department affiliated with
- Business and Management Publications
Research groups affiliated with
- International Business Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2017-12-12First Open Access (FOA) Date
2018-12-18First Compliant Deposit (FCD) Date
2017-12-12Usage metrics
Categories
No categories selectedLicence
Exports
RefWorks
BibTeX
Ref. manager
Endnote
DataCite
NLM
DC