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The Economist: Bribery pays – if you don’t get caught


A new study by Raghavendra Rau, Sir Evelyn de Rothschild Professor of Finance at Cambridge Judge Business School, on global corporate bribery is featured in The Economist. The study finds that $1 in bribes is linked to $6 to $9 increases in the value of bribing firms, but the research punctures some common bribery beliefs. (subs)

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