Read the following passage and fill in the blanks with appropriate words given in the box. Five words will not be used. ( that、where、much、briefly、morale、launch、put、if、benefits、detailed、phenomenon、quite)
In the age of globalization, it's easy to see how giving into bribery might be competitively advantageous. In fact, research by Harvard Business School's Paul M. Healy and George Serafeim found that firms that __
anticorruption efforts grow their businesses more slowly than firms that don't, especially in regions __ bribery is the expected norm.
"We have a pretty good understanding of the __ of bribery---facilitating entry into a market, for starters, "says Serafeim, an assistant professor in the Accounting and Management unit. "But we still have a__ more limited understanding about the costs of bribery.’’
That's why Serafeim recently 5)__ out to analyze the negative effects of bribery on corporate performance. The results of his study, __ in the paper" Firm Competitiveness and Detection of Bribery", surprised him. __ it turns out, the biggest problem with corporate corruption isn't its effect on a firm's reputation or the regulatory headaches it causes. Rather, bribery's most significant impact is its negative effect on employee __.
Bribery is a global __ , and people engage in this type of behaviour all over the world, " Serafeim says. "There are different magnitudes and different extents of bribery, but everywhere in the world you can find it.
The idea that bribery doesn't exist in the developed world is a __.
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