Does Bribery Pay? For Whom? And How Much?

Does Bribery Pay? For Whom? And How Much? by Matthew Stephenson

Anticorruption advocates—including those in the private sector who have taken the fight against corruption seriously—insist that bribery is bad for business. That’s likely true in the aggregate, and perhaps it’s true for some individual firms. But it’s probably not true for all firms—otherwise, why would so many of them pay bribes? But it’s hard to know how much firms benefit from bribery. Likewise, while would be useful to know more about the factors that affect the size and probability of bribery, figuring this out is a challenge because of the secrecy of corrupt transactions.http://globalanticorruptionblog.com/2014/07/10/does-bribery-pay-for-whom-and-how-much/