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Because the empirical literature on the causes of corruption has focused primarily on the demand side of corruption, that is, the corrupt officials who receive bribe payments, the role of the private sector as the supply side of corruption has not been examined thoroughly in this literature. In this article, it is argued that corporate governance is among the important factors determining the level of corruption. Using a cross‐country data set, hypotheses  that  explicitly  link  various  measures  of  corporate  governance to the level of corruption are tested. The results show that corporate governance standards can have profound impacts on the effectiveness of the global anticorruption campaign.

Despite rapid economic growth and assiduous efforts in anti-corruption campaigns, many Asian economies continue to be plagued with rampant corruption problems; and in a number of countries, the progress towards corruption reduction has stagnated over the last decade as measured by corruption perception indices. This paper focuses on the corporate sector as the main source of corruption problems in Asia, with particular emphasis on the impact that firm accounting practices have on the level of bribery. Using a unique cross-country firm-level dataset, we examine some distinct characteristics of bribery in corporate Asia, and empirically test the relationship between firm accounting practices and bribery. Our findings suggest that better accounting practices can help reduce both the incidence of bribery activities and the amount of bribe payments, but conforming to high quality accounting standard alone will not necessarily enhance the quality of accounting practices and thus will not automatically bring down the level of bribery.

Because the empirical literature on the causes of corruption has focused primarily on the demand side of corruption, that is, the corrupt officials who receive bribe payments, the role of the private sector as the supply side of corruption has not been examined thoroughly in this literature. In this article, it is argued that corporate governance is among the important factors determining the level of corruption. Using a cross-country data set, hypotheses that explicitly link various measures of corporate governance to the level of corruption are tested. The results show that corporate governance standards can have profound impacts on the effectiveness of the global anticorruption campaign. 6 Tables, 1 Figure, 24 References. Adapted from the source document.

Despite rapid economic growth and assiduous efforts in anti-corruption campaigns, many Asian economies continue to be plagued with rampant corruption problems; and in a number of countries, the progress towards corruption reduction has stagnated over the last decade as measured by corruption perception indices. This paper focuses on the corporate sector as the main source of corruption problems in Asia, with particular emphasis on the impact that firm accounting practices have on the level of bribery. Using a unique cross-country firm-level dataset, we examine some distinct characteristics of bribery in corporate Asia, and empirically test the relationship between firm accounting practices and bribery. Our findings suggest that better accounting practices can help reduce both the incidence of bribery activities and the amount of bribe payments, but conforming to high quality accounting standard alone will not necessarily enhance the quality of accounting practices and thus will not automatically bring down the level of bribery.

This paper compares health policy trends in Indonesia, Malaysia, the Philippines and Thailand with the purpose of drawing usable lessons in reform. The study finds that governments in the region are rapidly privatizing the provision of healthcare at the same time as they are expanding the government's role in financing. The paper argues that expansion of public financing at the same time as private provision is misconceived as the combination would aggravate instances and severity of market failures peculiar to the sector. The dysfunctional trend is particularly evident in Indonesia and the Philippines. In Thailand, in contrast, the expansion of public financing has occurred in the context of a health system dominated by public providers, which has had the effect of restraining healthcare costs. Malaysia occupies a mid position between Indonesia and the Philippines on the one hand and Thailand on the other. All four cases underline the value of state capacity in designing optimal policies and implementing them effectively. (Pac Rev/GIGA)