UK STUDY EXAMINES BRIBERY

On 7 September, the Cambridge Network reported that a new study finds that $1 in bribes is linked to $6 to $9 increases in the value of bribing companies, but the research punctures some common bribery beliefs.  The study examines nearly 200 reported cases over four decades to find a link between the size of bribes and benefits that flowed from them.  However, it is said that that the size of the bribe is not necessarily linked to the size of the benefit to bribing companies or that explicit anti-bribery enforcement reduces the size of the benefits they receive.

https://cambridgenetwork.co.uk/news/study-examines-bribery

The study is available at –

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3636647

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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