The nature of corruption deterrence in a competitive media sector

Vaidya, Samarth 2006, The nature of corruption deterrence in a competitive media sector, Economics of governance, vol. 7, no. 3, pp. 229-243.

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Title The nature of corruption deterrence in a competitive media sector
Author(s) Vaidya, Samarth
Journal name Economics of governance
Volume number 7
Issue number 3
Start page 229
End page 243
Publisher Springer-Verlag
Place of publication Berlin, Germany
Publication date 2006-08
ISSN 1435-6104
1435-8131
Keyword(s) corruption
deterrence
media
governance
Summary This paper compares the deterrence provided by a competitive media sector towards government induced corruption with that of a media monopoly in a setting where the media might raise both true as well as false allegations of corruption. It finds that competition’s impact on corruption deterrence is not necessarily better than a monopoly but rather hinges on a delicate balance between government’s kickback from corruption and the media’s potential benefit from exposure. While the paper does identify conditions in which a competitive media sector would improve upon the deterrence provided by a monopoly, it also find conditions under which it would do no better than a monopoly and in some situations its strategic response could be even worse especially when it intensifies effort towards justifying false allegations.
Language eng
Field of Research 140299 Applied Economics not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©Springer-Verlag, 2006
Persistent URL http://hdl.handle.net/10536/DRO/DU:30003548

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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