The risks of corruption in the state companies of the Republic of Moldova Legislative and institutional deficiencies causing a reduced performance of state-owned companies and increased exposure for the State Budget Cover Image

Riscurile de corupție în cadrul companiilor de stat din Republica Moldova. Carențe legislative și instituționale care determină o performanță redusă a companiilor de stat și expunere sporită pentru bugetul de Stat
The risks of corruption in the state companies of the Republic of Moldova Legislative and institutional deficiencies causing a reduced performance of state-owned companies and increased exposure for the State Budget

Author(s): Vitalie Rapcea
Subject(s): Public Administration, Economic policy, Business Ethics
Published by: EXPERT-GRUP Centrul Analitic Independent
Summary/Abstract: The sector of state companies, although decreasing, remains an important one for the economy of the Republic of Moldova. Thus, in the context of a very modest efficiency of state companies and the macroeconomic risks they can amplify, especially in the context of the new realities, focusing attention on state companies becomes imperative. The reduced efficiency of state companies is associated with the phenomenon of corruption within them. The document reviews the sine qua non premises for ensuring good governance of state-owned companies, analyzes the gaps detected at the legislative and institutional level, and presents concrete cases of how corruption risk factors at the state and company level harms the public interest. In this context, the document proposes that factors with the potential to generate the risk of corruption should be interpreted as obstacles to integrity that need to be removed.

  • Page Count: 34
  • Publication Year: 2022
  • Language: Romanian
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