Extractive industries, corruption and potential solutions. The case of Ukraine

Fabian Teichmann, Marie-Christin Falker and Bruno S. Sergi

Resources Policy, 2020, vol. 69, issue C

Abstract: Ukraine's apparent predisposition for corruption is frequently criticized. This article gives an overview of corruption with a focus on the extractive industries and illustrates reasons why its elimination is desirable for both governments and corporations by using the example of Ukraine. Based on a qualitative study of ten interviews with international compliance experts, this study suggests that companies in the extractive industries should consider implementing compliance incentives to avoid the negative repercussions of corruption in the sales process and comply with anti-bribery regulations. This qualitative study analyses how employees of multinational corporations in the extractive industries could be discouraged from paying bribes to government officials. The study contributes to the existing literature by suggesting novel, immediate alternatives to current compliance measures and formal rules, which seem negligible.

Keywords: Corruption; Bribery; Extractive industries; Compliance; Incentives; Resource curse; Institutions; Rent-seeking; Whistleblowing (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:69:y:2020:i:c:s0301420720308758

DOI: 10.1016/j.resourpol.2020.101844

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