Regulation vs. self-governed compliance in government procurement: the perceived impact of

Abstract

The United States defense industry has had a long history of unethical and illegal business practices. Recent polls find that most Americans believe that their nation’s weapon acquisition system is one of the worst managed activities in the public or private sectors and the defense industry is neither efficient nor honestly managed. Although the defense acquisition process has been the subject of many reform efforts, it is reasonable to ask whether these reform efforts have had any success. The Defense Industry Initiative on Business Ethics and Conduct, commonly known as DII, is the defense industry’s selfgoverned program responding to the concern regarding ethical business practices in defense procurement. This study is to assess the Defense Industry Initiative on Business Ethics and Conduct in an attempt to find the perceived impact of this self-governed compliance program.

Citation

Penska, K. and Thai, K.V. (2000), "Regulation vs. self-governed compliance in government procurement: the perceived impact of", Journal of Public Budgeting, Accounting & Financial Management, Vol. 12 No. 3, pp. 462-496. https://doi.org/10.1108/JPBAFM-12-03-2000-B006