Collective strategies in fighting corruption: Some intuitions and counter intuitions

Djordjija Petkoski, Danielle E. Warren, William S. Laufer

Research output: Contribution to journalArticlepeer-review

13 Scopus citations

Abstract

This article explores the plausibility of some intuitions and counter intuitions about the anti-corruption efforts of MDBs and international organizations leveraging the power of the private sector. Regulation of a sizable percentage of global private sector actors now falls into a new area of international governance with innovative institutions, standards, and programs. We wrestle with the role and value of private sector partnerships and available informal and formal social controls. Crafting proportional informal controls (e.g., monitoring, evaluations, and sanctions) and proper incentives to cooperative games across networks are the lynchpins of successful collective action programs. Ambivalence with informal social controls or effective incentives, we argue, risks far too much deference to private sector interests.

Original languageEnglish (US)
Pages (from-to)815-822
Number of pages8
JournalJournal of Business Ethics
Volume88
Issue numberSUPPL. 4
DOIs
StatePublished - 2009

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Business, Management and Accounting(all)
  • Arts and Humanities (miscellaneous)
  • Economics and Econometrics
  • Law

Keywords

  • Collective action
  • Corruption
  • Network governance

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