Corrupting Entrepreneurial Action

The Handbook of Law and Entrepreneurship in the United States, Cambridge University Press (D. Gordon Smith & Christine Hurt eds., 2018), Forthcoming

U Iowa Legal Studies Research Paper No. 2017-23

29 Pages Posted: 28 Aug 2017 Last revised: 17 Jan 2019

See all articles by Joseph W. Yockey

Joseph W. Yockey

University of Iowa College of Law

Date Written: August 24, 2017

Abstract

This Chapter assesses corruption’s corrosive effects on entrepreneurial action and argues that future progress will depend on getting past a pure law enforcement approach to the problem. Recommendations focus on measures that entrepreneurs can take directly and collaboratively—with or without regulatory support—to mitigate structural challenges that permeate many of the emerging markets they hope to enter. Some strategies seek to make internal compliance more affordable and less complex. Others promote knowledge sharing and the creation of innovative techniques to reduce opportunities for foreign officials to solicit bribes.

Keywords: entrepreneurship, startups, corruption, bribery, FCPA, Foreign Corrupt Practices Act, compliance, new governance

Suggested Citation

Yockey, Joseph W., Corrupting Entrepreneurial Action (August 24, 2017). The Handbook of Law and Entrepreneurship in the United States, Cambridge University Press (D. Gordon Smith & Christine Hurt eds., 2018), Forthcoming, U Iowa Legal Studies Research Paper No. 2017-23, Available at SSRN: https://ssrn.com/abstract=3025659

Joseph W. Yockey (Contact Author)

University of Iowa College of Law ( email )

Boyd Law Building
Iowa City, IA 52242
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
57
Abstract Views
485
Rank
575,632
PlumX Metrics