Economic Impacts of «Kickbacks» as a Form of Rent-Oriented Behavior

Journal Title: Бізнес Інформ - Year 2015, Vol 1, Issue 0

Abstract

The article is aimed at clarification of the term «kickback» as a form of rent-oriented behavior, systematizing of the main areas of economic activity where the relationships of «kickback» is applicable at most. It has been proposed to distinguish the «kickback» from bribe as a specific form of the latter, which could have longer-term prospects for cooperation. In the article current information about detecting facts of «kickback» in different spheres of economic activity is studied. The main activities in which such operations take place have been summarized (public procurements to maintain budgetary institutions; construction and maintenance of roads; VAT refund; purchase and service of office equipment and furniture; purchasing office supplies, printed products, etc.; renovations to the premises; State subsidies to enterprises of the agro-industrial complex; obtaining of credits; services of insurance companies; advertising, marketing measures and market research; recruitment services), also the scope and principles for their implementation have been described. Negative effects of «kickbacks» for the national economy are estimated. The basic principles and guidelines to be able to resist the «kickback» schemes in public procurement and in the commercial sector are formulated.

Authors and Affiliations

Marina Ivashchenko, Iryna Shkodina

Keywords

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  • EP ID EP142708
  • DOI -
  • Views 74
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How To Cite

Marina Ivashchenko, Iryna Shkodina (2015). Economic Impacts of «Kickbacks» as a Form of Rent-Oriented Behavior. Бізнес Інформ, 1(0), 15-20. https://europub.co.uk/articles/-A-142708