What factors are important to a successful anti-corruption strategy?

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Journal Title
Journal ISSN
Volume Title
School of Business | Bachelor's thesis
Date
2020
Major/Subject
Mcode
Degree programme
Taloustiede
Language
en
Pages
30
Series
Abstract
This literature review highlights important factors that the theoretic research on corruption has found out, which should be helpful when creating an anti-corruption strategy. This is done by first acknowledging the principal-agent relationship that is between a corrupt official and its principal. While this has been the dominant way to consider corruption in a society, I will present through past research how the principal-agent model while offering important insights for fighting corruption, has also its flaws, which need to be addressed to understand corruption comprehensively. The factors important to anti-corruption are found by linking the past research with newer one through a central survey on corruption, which addresses possible ways to decrease corruption while also questioning the nature of corruption as simply a two-way relationship between a principal and agent. While this literature review does not offer a specific answer to corruption, it is clear from the review that corruption can not be considered a simple problem, and thus the creation of anti-corruption strategies is not a simple matter that as of yet does not have a universal answer.
Description
Thesis advisor
Välimäki, Juuso
Murto, Pauli
Mustonen, Mikko
Keywords
corruption, agency theory, anti-corruption, collective action, principal-agent
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