The cost of corruption and undue private benefit: two hidden faces of the same mirror
ISSN: 1359-0790
Article publication date: 20 September 2021
Issue publication date: 14 March 2022
Abstract
Purpose
The purpose of this study is to formulate the cost of corruption and undue private benefit.
Design/methodology/approach
The design is based on cost formulas of the corruption already formulated, and the design of these formulas allows the calculation for Argentina in 2021 of the cost of the corruption.
Findings
The corruption cost models for bribes and cost overruns for public works are the theoretical basis for obtaining the undue private benefit. Based on the formulas developed to calculate the costs of corruption for Argentina 2021.
Research limitations/implications
There are no limitations in the model.
Practical implications
In addition to the calculation of the cost of corruption, the formula of private profit undue by corruption is developed.
Social implications
The social implications are certainty about the cost of corruption for Argentina in 2021.
Originality/value
The present work is original and its value is given by the formulation and practical demonstration of the cost of corruption for Argentina in 2021 and the undue private benefit.
Keywords
Acknowledgements
The author does not have funds for its publication, thanks to Emerald Publishing Limited. All remaining errors are exclusive to the author.
Citation
Monteverde, V.H. (2022), "The cost of corruption and undue private benefit: two hidden faces of the same mirror", Journal of Financial Crime, Vol. 29 No. 2, pp. 653-664. https://doi.org/10.1108/JFC-03-2021-0064
Publisher
:Emerald Publishing Limited
Copyright © 2021, Emerald Publishing Limited