Effectiveness of Anti-Corruption Laws in Developing Countries

Abstract

Purpose: The aim of the study was to analyze effectiveness of anti-corruption laws in developing countries Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries. Findings: The effectiveness of anti-corruption laws in the USA has been a subject of extensive study and debate. Research indicates that while financial disclosure laws have a positive impact on controlling corruption, other measures such as state ethics commissions have not shown a significant effect on reducing corruption levels. Unique Contribution to Theory, Practice and Policy: Institutional theory, principal-agent theory & dependency theory may be used to anchor future studies on effectiveness of anti-corruption laws in developing countries. Governments and anti-corruption agencies should prioritize strengthening institutional capacity to effectively implement and enforce anti-corruption laws. Policymakers should prioritize enacting comprehensive legal reforms to strengthen anti-corruption frameworks, close loopholes, and enhance enforcement mechanisms.