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Anti-bribery compliance incentives

Fabian Maximilian Johannes Teichmann (Teichmann International AG, St. Gallen, Switzerland)

Journal of Financial Crime

ISSN: 1359-0790

Article publication date: 1 October 2018

637

Abstract

Purpose

This paper aims to discuss an innovative approach to eliminating bribery in multinational corporations. In particular, the concept of using incentive systems to fight corruption is assessed.

Design/methodology/approach

Based on the analysis of ten formal and ten informal expert interviews with both prevention experts and corrupt employees, a combination of bonus-malus payments is developed.

Findings

A performance matrix could be used to incentivize both compliance and productivity.

Research limitations/implications

This study’s findings are limited to the perspectives of 20 interviewees. Hence, it is possible that a study with a larger sample conducted in different countries or at a different time would have led to different results.

Practical implications

The identification of gaps in existing anti-bribery compliance mechanisms is meant to provide compliance officers and legislators with valuable insights into how undesirable behavior could be prevented.

Originality/value

It is found that eliminating the wrong incentives and establishing the right ones could make significant strides in advancing the fight against bribery.

Keywords

Acknowledgements

No external research funding has been received for this study.

Citation

Teichmann, F.M.J. (2018), "Anti-bribery compliance incentives", Journal of Financial Crime, Vol. 25 No. 4, pp. 1105-1110. https://doi.org/10.1108/JFC-09-2017-0081

Publisher

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Emerald Publishing Limited

Copyright © 2018, Emerald Publishing Limited

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