Corruption has serious economic and social costs and can undermine government
legitimacy. Economic analysis can help one understand the incentives for bribery and …

This article provides an overview of the literature on nonprofit principal‐agent relationships.
It depicts the nature of agency theory and stewardship theory, analyzes the origin of their …

Economists and legal scholars have had an abiding interest in the question of why so many
laws languish unimplemented. But an even more intriguing and philosophically troubling …

One of the central tenets of mainstream economics is Adam Smith's proposition that, given
certain conditions, self-interested behavior by individuals leads them to the social good …

The paper examines how pervasive corruption can be persistent. Despite the presence of
anti-corruption measures and incentives, corruption has a strong tendency to persist. In the …

Empirical evidence shows that not all countries with high levels of corruption have suffered
poor growth performance. Bad quality governance has clearly been much less damaging (if …

This article uses social dominance theory (SDT) to explore the dynamic and systemic nature
of the initiation and maintenance of organizational corruption. Rooted in the definition of …

The study of corruption has received a lot of attention recently in both academic and policy
circles. A key theme has been the design of suitable anticorruption strategies. To the extent …

Corruption undermines government effectiveness and performance pay may be used as a"
legal bribe" to encourage bureaucrats to act honestly. However, if performance pay is …

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