June 2022

Transaction costs and competitive tendering in public procurement: Moderating role of integrity

While the current economic crisis clearly puts pressure on governments to cut spending and save money, and whilst the call for a more cohesive interface between the public and private sectors is currently resonating, public procurement has been marred by scandals, mismanagement, and possibly malpractices. According to the literature, corporate integrity drives transactional behaviors by acting as a hidden hand of social...

Author(s): Sama Hamisi, Ndunguru Philibert and Nsimbila Paul