Tuesday, September 5, 2017
Joseph W. Yockey (University of Iowa College of Law) has posted Corrupting Entrepreneurial Action (The Handbook of Law and Entrepreneurship in the United States, Cambridge University Press (D. Gordon Smith & Christine Hurt eds., 2018), Forthcoming) on SSRN. Here is the abstract:
This Chapter assesses corruption’s corrosive effects on entrepreneurial action and argues that future progress will depend on getting past a pure law enforcement approach to the problem. Recommendations focus on measures that entrepreneurs can take directly and collaboratively—with or without regulatory support—to mitigate structural challenges that permeate many of the emerging markets they hope to enter. Some strategies seek to make internal compliance more affordable and less complex. Others promote knowledge sharing and the creation of innovative techniques to reduce opportunities for foreign officials to solicit bribes.