Exploring the Connection between Corruption and Corporate Governance

Maria-Alina Carataș (), Elena-Cerasela Spătariu () and Gabriela Gheorghiu ()
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Maria-Alina CarataÈ™: The Bucharest University of Economic Studies
Elena-Cerasela Spătariu: “Ovidius†University of Constanta
Gabriela Gheorghiu: “Ovidius†University of Constanta

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 266-272

Abstract: The article analyses the relation between the corporate governance requirements and the corruption phenomenon, explaining how by respecting or ignoring certain aspects of governance and disclosure, might have a fundamental significance in the fight for combating the corruption behaviours or encourage them. The research problem is finding the correlation between corruption and the quality of the corporate governance system. We proved that assuming the conjunction of the cultural dimensions power distance indicator, uncertainty avoidance and short-term orientation in the same society is a red flag for corruption thriving in the respective country is true.

Keywords: corporate governance; anti-corruption policies; corruption; compliance; Hofstede (search for similar items in EconPapers)
JEL-codes: D73 G34 M14 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xx:y:2020:i:2:p:266-272

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