Monopoly rents, institutions, and bribery
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DOI: 10.1111/gove.12597
Abstract: Why do some firms pay more bribes than others? We extend the literature by examining the role of one crucial, but overlooked industry characteristic---fixed asset intensity---in shaping firms' bribe payments. High fixed asset intensity creates… read more here.
Keywords: rents institutions; monopoly rents; fixed asset; institutions bribery ... See more keywords