Breen, Michael ORCID: 0000-0002-5857-9938 and Gillanders, Robert ORCID: 0000-0001-9462-0005 (2022) Corruption and the burden of regulation: national, regional, and firm-level evidence. Public Finance Review . ISSN 1091-1421
Abstract
Does corruption ease the burden of regulation? We test this question using survey data on business managers’ experience in dealing with regulation and corruption. We find that there is substantial within-country variation in the burden of regulation and that corruption is associated with worse regulatory outcomes across a range of indicators at the country, national, and firm level. These findings suggest that corruption is associated with an increase in the burden of regulation, and imposes large costs on businesses. While corruption is associated with an increased burden of regulation, this does not seem to happen through an increase in how much time senior managers must devote to regulation, suggesting that the cost of corruption-induced regulation manifests in the form of additional staff costs or professional fees.
Metadata
Item Type: | Article (Published) |
---|---|
Refereed: | Yes |
Uncontrolled Keywords: | corruption; regulation; governance; business regulation |
Subjects: | Business > Economic policy Business > Economics Business > Business ethics Social Sciences > Political science Social Sciences > Public administration |
DCU Faculties and Centres: | DCU Faculties and Schools > DCU Business School DCU Faculties and Schools > Faculty of Humanities and Social Science > School of Law and Government |
Publisher: | SAGE Publications |
Official URL: | https://dx.doi.org/10.1177/10911421221114203 |
Copyright Information: | © 2022 The Authors. Open Access (CC-BY 4.0) |
ID Code: | 27454 |
Deposited On: | 07 Sep 2022 18:21 by Michael Breen . Last Modified 07 Sep 2022 18:21 |
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