The Ethics of "Commercial Bribery": Integrative Social Contract Theory Meets Transaction Cost Economics [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 88 (S4):791 - 803 (2009)
This article provides an ISCT analysis of commercial bribery focused on transaction cost economics. In the language of Antitrust, commercial bribery is a form of vertical arrangement subject to the same efficiency analysis that has found other vertical arrangements potentially beneficial to consumers. My analysis shows that actions condemned as commerical bribery in the Honda case (1996) may well have benefited Honda's dealer network once promotional free riding and other forms of rent seeking by dealers are considered. I propose that the term "commercial bribery" should be avoided until after an ISCT analysis shows that the community is likely to have been harmed. The term "third-party payments" is a more ethically neutral term with which to begin the analysis
|Keywords||business ethics commercial bribery dealer promotion ethical rent seeking federalism free riding informational role of prices ISCT transaction cost economics vertical arrangements|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Thomas W. Dunfee (2006). A Critical Perspective of Integrative Social Contracts Theory: Recurring Criticisms and Next Generation Research Topics. [REVIEW] Journal of Business Ethics 68 (3):303 - 328.
Citations of this work BETA
Onyeka Osuji (2011). Fluidity of Regulation-CSR Nexus: The Multinational Corporate Corruption Example. [REVIEW] Journal of Business Ethics 103 (1):31-57.
John M. Luiz & Callum Stewart (forthcoming). Corruption, South African Multinational Enterprises and Institutions in Africa. Journal of Business Ethics.
Similar books and articles
Dendi Ramdani & Arjen Witteloostuijn (2012). The Shareholder—Manager Relationship and Its Impact on the Likelihood of Firm Bribery. Journal of Business Ethics 108 (4):495 - 507.
Kelly D. Martin, John B. Cullen & Jean L. Johnson, Deciding to Bribe: A Cross-Level Analysis of Firm and Home Country Influences on Bribery Activity.
Kathleen Getz (2004). Buy Bribes or Bye-Bye Bribes. Business Ethics Quarterly 14 (4):695-711.
John Douglas Bishop (2004). Crossing the Boundaries of Obligation: Are Corporate Salaries a Form of Bribery? [REVIEW] Journal of Business Ethics 55 (1):1 - 11.
Yanjing Chen, Mahmut Yaşar & Roderick M. Rejesus (2008). Factors Influencing the Incidence of Bribery Payouts by Firms: A Cross-Country Analysis. [REVIEW] Journal of Business Ethics 77 (2):231 - 244.
Bryan W. Husted (1994). Honor Among Thieves. Business Ethics Quarterly 4 (1):17-27.
Oliver E. Williamson (2009). Pragmatic Methodology: A Sketch, with Applications to Transaction Cost Economics. Journal of Economic Methodology 16 (2):145-157.
Yongqiang Gao (2011). Government Intervention, Perceived Benefit, and Bribery of Firms in Transitional China. Journal of Business Ethics 104 (2):175-184.
Arthur Zucker (2000). Bribery and Extortion: Can Restaurants Help? Science and Engineering Ethics 6 (2):197-204.
Kendall D'Andrade (1985). Bribery. Journal of Business Ethics 4 (4):239 - 248.
Added to index2010-01-02
Total downloads37 ( #46,575 of 1,101,678 )
Recent downloads (6 months)5 ( #59,534 of 1,101,678 )
How can I increase my downloads?