The effectiveness of laws against bribery abroad

  title={The effectiveness of laws against bribery abroad},
  author={{\'A}lvaro Cuervo-Cazurra},
  journal={Journal of International Business Studies},
  • Álvaro Cuervo-Cazurra
  • Published 2008
  • Economics
  • Journal of International Business Studies
  • This paper analyzes the effectiveness of laws against bribery abroad in inducing foreign investors to reduce their investments in corrupt countries. The laws are designed to reduce the supply of bribes by foreign investors by increasing the costs of bribing abroad. Such increase in costs will make foreign investors more sensitive to corruption, and induce them to reduce their investments in corrupt countries. However, the paper argues that these laws need to be implemented and coordinated in… CONTINUE READING
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