Compliance Programs, Signaling and Firms’ International Coordination
Fines imposed on firms for corporate infringements such as cartels re- duce these infringement's profitability. When a manager knows when a violation is unprofitable he can prevent violations committed by an uninformed employee by investing in compliance programs (CPs). In- vestments can be...
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Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 49-2017) |
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Format: | Artikel |
Sprache: | Englisch |
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Philipps-Universität Marburg
2017
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