Competitive market-what is relationship between corruption

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In many countries bribery is actually an accepted, understood, and expected way of doing business. To this end, you own a company and you’re in, of course, a competitive market. What is the relationship between corruption in a country (i.e., bribe-taking by yourself, government officials) and the economic growth of your company? Do you take the bribes? Is corruption always bad?

Reference no: EM13796779

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