Why is corruption more organized and predictable in some countries than others?

This paper is an investigation into the organization and predictability of corruption. The impetus for this research assumes that if corruption imposes costs on businesses, then accompanying transaction costs associated with uncertainty would be reduced if corruption is predictable. This...

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Bibliographic Details
Main Author: Heng, Daniel Cher Lik
Other Authors: Deborah Kay Elms
Format: Theses and Dissertations
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/65169
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Institution: Nanyang Technological University
Language: English
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Summary:This paper is an investigation into the organization and predictability of corruption. The impetus for this research assumes that if corruption imposes costs on businesses, then accompanying transaction costs associated with uncertainty would be reduced if corruption is predictable. This study is an attempt to assess different explanatory factors that could engender predictable and organized forms of corruption. Our findings indicate that Individualist societies, as well as societies where corruption is endemic and legally permissible, may develop more predictable forms of corruption. Overall, this paper corroborates previous literature in finding that predictability is as important as extent in understanding the constraints corruption pose to economic activity.