L'illicite et l'informel. Les complémentarités dans le fonctionnement des firmes en Bulgarie

Milena Gradeva

Revue économique, 2009, vol. 60, issue 5, 1211-1233

Abstract: The presence of illicit practices within a company suggests a chain of adjustments in order to function efficiently. To maximise profits at minimum risks the firm needs to use informal mechanisms to manage its internal and external interactions. A survey based on a sample of Bulgarian enterprises demonstrates the complementarities between the illicit practices of official understatement of wages and the informal functioning of three dimensions of the firm: employment patterns, inter-company transactions and financing of operations. Abandoning of use of illicit practices is part of similar chain effects leading away from illicitness towards an open and formal functioning of the firm. Classification JEL : D21, J41, L14, O17

JEL-codes: D21 J41 L14 O17 (search for similar items in EconPapers)
Date: 2009
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