期刊名称:Asian Journal of Economics, Business and Accounting
印刷版ISSN:2456-639X
出版年度:2016
卷号:1
期号:4
页码:1-17
DOI:10.9734/AJEBA/2016/30658
语种:English
出版社:Sciencedomain International
摘要:This study aims to investigate the internal stability of corrupt transaction. By employing survey data of 274 public healthcare service users, through the lens of transaction cost economics, we revealed that social capital can play role of safeguard for a corrupt transaction. Moreover, the paper provides evidence to support hypothesis that parochial corruption has greater stability in comparison with market corruption. Hence, corruption is regarded as identity-specific transaction, and anti-corruption policy should focus on creating high transaction cost environment for this phenomenon.