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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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 49-2017)
Main Author:	Herold, Daniel
Format:	Article
Language:	English
Published:	Philipps-Universität Marburg 2017
Subjects:	Compliance Wirtschaft Tone-at-the-top Crime Economics
Online Access:	PDF Full Text
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