Template-Type: ReDIF-Paper 1.0

Author-Name: Mathias Nell	
Author-X-Name-First: Mathias
Author-X-Name-Last: Nell

Title: 	Contracts Induced by Means of Bribery: Should they be Void or Valid?
	
Abstract: This paper argues that contracts induced by means of bribery should be valid. Nullity and voidability decrease the incentive for voluntary disclosure, assist corrupt actors with enforcing their bribe agreements and provide leeway for abuse. Thus, they run counter to effective anti-corruption. It is argued that other instruments are more suitable for preventing corruption.
Length:  17 pages
Creation-Date:  2008-02
File-URL: http://www.bgpe.de/texte/DP/042_nell.pdf
File-Format: Application/pdf
File-Function: First version, 2008
Number: 042
Classification-JEL: G34, G38, K12, K14, K42
Keywords: Bribery, Contracts, Corruption, Due Diligence, Enforcement, Impugnment, Liability, Leniency, Nullity, Private Law Validity, Voidability, Voluntary Disclosure (Program)
Handle: RePEc:bav:wpaper:042_nell