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Results for crimes against businesses (latin america)

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Author: Amin, Mohammad

Title: Crime, Security, and Firms in Latin America

Summary: Existing studies show that crime is more rampant in the larger cities and that wealthier individuals are more often targeted. Using Enterprise Surveys data for 14 Latin American countries, we find that one- third of the firms surveyed suffer from one or more incident of crime annually, which is roughly similar to the percentage of households affected. Crime-related losses average 2.7 percent of annual sales for all firms in the sample, which is more than the reported amount of bribery, losses due to power outages, and firms’ expenditure on research and development. We also find that the relatively well-off large firms are more likely to be victims of crime than the small firms, but losses due to crime as a percentage of annual sales are bigger for small firms. In short, crime in the region is regressive. Last, larger cities are more prone to crime than the smaller cities. However, we find that what matters for crime is the relative size of a city within a country; its absolute size is irrelevant.

Details: Washington, DC: World Bank Group, International Finance Corporation, 2009. 4p.

Source: Internet Resource: Enterprise Note No. 2: Accessed May 11, 2011 at: http://www.enterprisesurveys.org/Documents/EnterpriseNotes/Note2.pdf

Year: 2009

Country: Central America

URL: http://www.enterprisesurveys.org/Documents/EnterpriseNotes/Note2.pdf

Shelf Number: 121714

Keywords:
Bribery
Crimes Against Businesses (Latin America)
Financial Crimes
Victimization