Exportar Publicação
A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.
Da Veiga, M. R. & Major, M. (2017). The missing ethical dimension: an application of TCE to the case of the Inquiry Committee into Oil-for-Food Program Scandal. AAAJ Special Forum Workshop.
M. D. Veiga and M. J. Major, "The missing ethical dimension: an application of TCE to the case of the Inquiry Committee into Oil-for-Food Program Scandal", in AAAJ Special Forum Workshop, Varsóvia, 2017
@misc{veiga2017_1732197764270, author = "Da Veiga, M. R. and Major, M.", title = "The missing ethical dimension: an application of TCE to the case of the Inquiry Committee into Oil-for-Food Program Scandal", year = "2017", howpublished = "Digital" }
TY - CPAPER TI - The missing ethical dimension: an application of TCE to the case of the Inquiry Committee into Oil-for-Food Program Scandal T2 - AAAJ Special Forum Workshop AU - Da Veiga, M. R. AU - Major, M. PY - 2017 CY - Varsóvia AB - Purpose: This paper seeks to address decisions of governance oversight structures in the context of systemic failures of probity / ethics, applying Williamson’s (1999) framework to explore “probity” and “independence” transactions’ attributes enhanced with the “virtues ethics” of McCloskey’s (2006) framework. Design/methodology/approach: Through historical narrative case based research and built on the case of the 2004 United Nations inquiry of the scandal of fraud and corruption in the management of the Oil-for-Food Programme (OFFP) for Iraq the investigation seeks to respond to the research questions: i) has the inquiry worked?; and ii) did the TCE’s discriminating alignment hypothesis succeed in the case of the Oil-for-Food scandal inquiry? Findings: The paper demonstrates that the inquiry into the OFFP, which contains “sovereign” as well as “quasi-judiciary” transactions elements did not work. The Transaction Cost Economics (TCE) alignment hypothesis did not function and “probity” hazards – “ethics” – cannot be relieved by governance structures, i.e., incentives. Originality/value: We argue that TCE should be modified to include McCloskey’s “virtues ethics” behavioural dimension as a transaction costs’ reduction device and an explanatory framework for bureaucratic ethical failures. ER -