Who Bribes? Evidence from the United Nations’ Oil-for-Food Program

  title={Who Bribes? Evidence from the United Nations’ Oil-for-Food Program},
  author={Yujin Jeong and Robert J. Weiner},
  journal={CGN: General Management (Topic)},
How do managers react in an environment where bribery is likely to bring high rewards, but also presents high risks? We examine the supply side (firms’ illicit payments) of bribery in a global setting using the United Nations’ (UN) Oil-for-Food Program, part of UN sanctions on Iraq. Some companies helped Iraq circumvent UN sanctions through bribe payments in the form of illicit surcharges. Our transaction-level analysis of factors affecting bribe payments draws on the economic theory of crime… 

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