Arbeitspapier

Surprised by Wirecard? Enablers of corporate wrongdoing in Europe

In the last two decades prolonged instances of corporate wrongdoing in Europe have been un-covered: from Siemens' systemic bribery to HSBC and other major bank's money laundering issues, Dieselgate, LIBOR price-rigging, and the recent Wirecard debacle. What has driven European firms to engage in such systematic wrongdoing? In this article, we first use data on US investigations to identify the European countries hosting most corporate wrongdoers. We then consider these countries' legal, institutional, and political contexts in search for explanations of the main enablers of this behavior, ending with some policy recommendations.

Sprache
Englisch

Erschienen in
Series: SITE Working Paper ; No. 54

Klassifikation
Wirtschaft
Illegal Behavior and the Enforcement of Law
Thema
corporate wrongdoing
financial fraud
money laundering
corruption
whistleblowers

Ereignis
Geistige Schöpfung
(wer)
Nyreröd, Theo
Spagnolo, Giancarlo
Ereignis
Veröffentlichung
(wer)
Stockholm School of Economics, Stockholm Institute of Transition Economics (SITE)
(wo)
Stockholm
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Nyreröd, Theo
  • Spagnolo, Giancarlo
  • Stockholm School of Economics, Stockholm Institute of Transition Economics (SITE)

Entstanden

  • 2021

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