Bribery and Corruption in Weak Institutional Environments
Connecting the Dots from a Comparative Perspective
Published on 24. March 2022
Book
Paperback/Softback
274 pages
978-1-108-73005-1 (ISBN)
Description
Drawing on twenty years of research and observations, Li explains how bribery and corruption are carried out in countries with weak institutional environments, and how these activities become globalized. By distinguishing rule-based, relation-based and clan-based governance, this book offers a novel explanation to the age-old puzzle of why some countries thrive despite corruption. It also sheds lights on the symbiotic roles corruption and anticorruption campaigns play in maintaining dictatorships. Applying cost-benefit analysis to different governance environments, Li argues that as non-rule-based economies expand, the transition from relying on private relationships to relying on public rules is inevitable. However, by highlighting the globalization of corruption by non-rule-based countries, this book warns against the potential threats and consequences of bribery by powerful dictatorial governments. This book will appeal to scholars, analysts and graduate students studying corruption, as well as policymakers, business professionals and executives seeking insights into the characteristics of bribery and corruption within different institutional settings.
Reviews / Votes
'Professor Shaomin Li is a leading management scholar who pioneered the use of relation based vs. rule based institutional view of societies and its impact on corruption, bribery, and international business. Li brings his deep knowledge from sociology to show why, how and when bribery and corruption have a negative impact and offers policy suggestions for combating this. It is a must-read for students and scholars of business and economics as well as those interested to have a deep understanding of the phenomenon.' Ilan Alon, Universitetet i Agder, Norway 'Shaomin Li is the world's leading expert on the governance system in weak institutional environments. In Bribery and Corruption in Weak Institutional Environments, he provides an innovative and interesting explanations why bribery and corruption are prevalent in emerging markets and how they affect business, social, and political dynamics. This is a must-read for managers and researchers to understand the behaviors of fast-growing emerging market multinationals.' Sam Park, Willamette University, Oregon 'In Bribery and Corruption in Weak Institutional Environments, Shaomin Li advances an original theory that connects corruption and key institutional variables such as political competition, rule of law, and scope of government. His analysis of the different dynamics in rule-based and relation-based systems is both insightful and thought-provoking. Combining comparative empirical evidence, robust statistical analysis, and a lucid writing style, Li's book is a major contribution to the literature on corruption and its impact on economic activities.' Minxin Pei, author of China's Crony Capitalism 'Using a comparative approach, Li provides a new and insightful analysis of why corruption flourishes in states with weak institutions, how different forms of corruption can differentially impact a state's economic development, and why corruption is widespread despite efforts to control it.' Andy Wedeman, Georgia State UniversityMore details
Language
English
Place of publication
Cambridge
United Kingdom
Target group
Professional and scholarly
Product notice
Paperback (trade)
Illustrations
Worked examples or Exercises
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 15 mm
Weight
402 gr
ISBN-13
978-1-108-73005-1 (9781108730051)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Shaomin Li
Bribery and Corruption in Weak Institutional Environments
Connecting the Dots from a Comparative Perspective
Book
05/2019
Cambridge University Press
€133.30
Shipment within 15-20 days
Person
Shaomin Li is Eminent Scholar and Professor of International Business at Old Dominion University, Virginia. He has published in the Journal of International Business Studies, Harvard Business Review, and The Wall Street Journal, amongst others. In 2008 the Governor of Virginia presented him the Outstanding Faculty Award.
Content
Acknowledgements; 1. Introduction: why study corruption in countries with weak institutional environments?; 2. Bribe takers: types of corruption and their effects on efficiency; 3. Bribe payers: why do people pay? What do they get? Can they refuse to pay?; 4. When public rules meet private relations: the importance of governance environment; 5. Why some societies thrive despite corruption: a relation-based explanation; 6. Corruption and anticorruption: two legs supporting dictatorships; 7. Paths to transition away from corruption; 8. The globalization of corruption by countries with weak institutional environments; 9. Conclusion: challenges and hopes in fighting corruption globally; References; Index.