When is a Bribe a Bribe? Teaching a Workable Definition of Bribery

This paper presents an outline forteaching about bribery. The outline is based onthe presumption that a payment, once defined asa ``bribe'' is by definition unethical. Inaddition, the paper develops a simple yetworkable definition of bribery based on theprincipal-agent framework. The idea...

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Bibliographic Details
Main Author: James, Harvey S. (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2002
In: Teaching business ethics
Year: 2002, Volume: 6, Issue: 2, Pages: 199-217
Further subjects:B Business Ethics
B principal-agent problem
B Bribery
Online Access: Volltext (lizenzpflichtig)
Description
Summary:This paper presents an outline forteaching about bribery. The outline is based onthe presumption that a payment, once defined asa ``bribe'' is by definition unethical. Inaddition, the paper develops a simple yetworkable definition of bribery based on theprincipal-agent framework. The idea is that anypayment made to a principal, for any purpose,is not by definition a bribe; however, anypayment made to an agent is a bribe if theagent retains the payment.
ISSN:1573-1944
Contains:Enthalten in: Teaching business ethics
Persistent identifiers:DOI: 10.1023/A:1015261222138