State-owned enterprises as bribe payers: The role of institutional environment

• Main Authors: SHAHEER, Noman, YI, Jingtao, LI, Sali, CHEN, Liang
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: Agency theory; bribery; institutions theory; managerial rent seeking; state-owned enterprises; Business Law, Public Responsibility, and Ethics
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7235; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8234/viewcontent/State_owned_enterprises_bribe_payers_av.pdf
• Institution: Singapore Management University

Our 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 fi...