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Anti-bribery compliance incentives
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| Zeitschriftentitel: | Journal of Financial Crime |
|---|---|
| Personen und Körperschaften: | |
| In: | Journal of Financial Crime, 25, 2018, 4, S. 1105-1110 |
| Format: | E-Article |
| Sprache: | Englisch |
| veröffentlicht: |
Emerald
|
| Schlagwörter: |
| author_facet |
Teichmann, Fabian Maximilian Johannes Teichmann, Fabian Maximilian Johannes |
|---|---|
| author |
Teichmann, Fabian Maximilian Johannes |
| spellingShingle |
Teichmann, Fabian Maximilian Johannes Journal of Financial Crime Anti-bribery compliance incentives Law General Economics, Econometrics and Finance |
| author_sort |
teichmann, fabian maximilian johannes |
| spelling |
Teichmann, Fabian Maximilian Johannes 1359-0790 Emerald Law General Economics, Econometrics and Finance http://dx.doi.org/10.1108/jfc-09-2017-0081 <jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>This paper aims to discuss an innovative approach to eliminating bribery in multinational corporations. In particular, the concept of using incentive systems to fight corruption is assessed.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>Based on the analysis of ten formal and ten informal expert interviews with both prevention experts and corrupt employees, a combination of bonus-malus payments is developed.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>A performance matrix could be used to incentivize both compliance and productivity.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Research limitations/implications</jats:title><jats:p>This study’s findings are limited to the perspectives of 20 interviewees. Hence, it is possible that a study with a larger sample conducted in different countries or at a different time would have led to different results.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Practical implications</jats:title><jats:p>The identification of gaps in existing anti-bribery compliance mechanisms is meant to provide compliance officers and legislators with valuable insights into how undesirable behavior could be prevented.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>It is found that eliminating the wrong incentives and establishing the right ones could make significant strides in advancing the fight against bribery.</jats:p></jats:sec> Anti-bribery compliance incentives Journal of Financial Crime |
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Journal of Financial Crime |
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Anti-bribery compliance incentives |
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Anti-bribery compliance incentives |
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Anti-bribery compliance incentives |
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Anti-bribery compliance incentives |
| title_full_unstemmed |
Anti-bribery compliance incentives |
| title_short |
Anti-bribery compliance incentives |
| title_sort |
anti-bribery compliance incentives |
| topic |
Law General Economics, Econometrics and Finance |
| url |
http://dx.doi.org/10.1108/jfc-09-2017-0081 |
| publishDate |
2018 |
| physical |
1105-1110 |
| description |
<jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>This paper aims to discuss an innovative approach to eliminating bribery in multinational corporations. In particular, the concept of using incentive systems to fight corruption is assessed.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>Based on the analysis of ten formal and ten informal expert interviews with both prevention experts and corrupt employees, a combination of bonus-malus payments is developed.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>A performance matrix could be used to incentivize both compliance and productivity.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Research limitations/implications</jats:title><jats:p>This study’s findings are limited to the perspectives of 20 interviewees. Hence, it is possible that a study with a larger sample conducted in different countries or at a different time would have led to different results.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Practical implications</jats:title><jats:p>The identification of gaps in existing anti-bribery compliance mechanisms is meant to provide compliance officers and legislators with valuable insights into how undesirable behavior could be prevented.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>It is found that eliminating the wrong incentives and establishing the right ones could make significant strides in advancing the fight against bribery.</jats:p></jats:sec> |
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| description | <jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>This paper aims to discuss an innovative approach to eliminating bribery in multinational corporations. In particular, the concept of using incentive systems to fight corruption is assessed.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>Based on the analysis of ten formal and ten informal expert interviews with both prevention experts and corrupt employees, a combination of bonus-malus payments is developed.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>A performance matrix could be used to incentivize both compliance and productivity.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Research limitations/implications</jats:title><jats:p>This study’s findings are limited to the perspectives of 20 interviewees. Hence, it is possible that a study with a larger sample conducted in different countries or at a different time would have led to different results.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Practical implications</jats:title><jats:p>The identification of gaps in existing anti-bribery compliance mechanisms is meant to provide compliance officers and legislators with valuable insights into how undesirable behavior could be prevented.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>It is found that eliminating the wrong incentives and establishing the right ones could make significant strides in advancing the fight against bribery.</jats:p></jats:sec> |
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| spelling | Teichmann, Fabian Maximilian Johannes 1359-0790 Emerald Law General Economics, Econometrics and Finance http://dx.doi.org/10.1108/jfc-09-2017-0081 <jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>This paper aims to discuss an innovative approach to eliminating bribery in multinational corporations. In particular, the concept of using incentive systems to fight corruption is assessed.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>Based on the analysis of ten formal and ten informal expert interviews with both prevention experts and corrupt employees, a combination of bonus-malus payments is developed.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>A performance matrix could be used to incentivize both compliance and productivity.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Research limitations/implications</jats:title><jats:p>This study’s findings are limited to the perspectives of 20 interviewees. Hence, it is possible that a study with a larger sample conducted in different countries or at a different time would have led to different results.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Practical implications</jats:title><jats:p>The identification of gaps in existing anti-bribery compliance mechanisms is meant to provide compliance officers and legislators with valuable insights into how undesirable behavior could be prevented.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>It is found that eliminating the wrong incentives and establishing the right ones could make significant strides in advancing the fight against bribery.</jats:p></jats:sec> Anti-bribery compliance incentives Journal of Financial Crime |
| spellingShingle | Teichmann, Fabian Maximilian Johannes, Journal of Financial Crime, Anti-bribery compliance incentives, Law, General Economics, Econometrics and Finance |
| title | Anti-bribery compliance incentives |
| title_full | Anti-bribery compliance incentives |
| title_fullStr | Anti-bribery compliance incentives |
| title_full_unstemmed | Anti-bribery compliance incentives |
| title_short | Anti-bribery compliance incentives |
| title_sort | anti-bribery compliance incentives |
| title_unstemmed | Anti-bribery compliance incentives |
| topic | Law, General Economics, Econometrics and Finance |
| url | http://dx.doi.org/10.1108/jfc-09-2017-0081 |