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Entries in multinational corporate bribery (1)

Monday
Mar312014

Beyond deterrence (Part V): Restorative justice for multinational corporations

In this series, concluding with this post, the author explores the limits of the deterrence theory of punishment that underlies anti-bribery enforcement. See Parts One, Two, Three and Four here.  

As we explored in the prior post, deterrence theory seeks to reduce bribery by manipulating the disincentives of would-be bribe payers. That works so long as all such companies are subject to our jurisdiction.

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