Die Dis cus si on Pape rs die nen einer mög lichst schnel len Ver brei tung von neue ren For schungs arbei ten des ZEW. Die Bei trä ge lie gen in allei ni ger Ver ant wor tung der Auto ren und stel len nicht not wen di ger wei se die Mei nung des ZEW dar.Dis cus si on Papers are inten ded to make results of ZEW research prompt ly avai la ble to other eco no mists in order to encou ra ge dis cus si on and sug gesti ons for revi si ons. The aut hors are sole ly respon si ble for the con tents which do not neces sa ri ly repre sent the opi ni on of the ZEW. DETERMINANTS OF SELF-REPORTING UNDER THE EUROPEAN CORPORATE LENIENCY PROGRAMCung Truong Hoang  , Kai Hüschelrath  , Ulrich Laitenberger * and Florian Smuda # July 2014 AbstractWe empirically investigate the determinants of self-reporting under the European corporate leniency program. Applying a data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and 2011, we find that the probability of a firm becoming the chief witness increases with its character as repeat offender, the size of the expected basic fine, the number of countries active in one group as well as the size of the firm's share in the cartelized market. Our results have important implications for an effective prosecution of anti-cartel law infringers. Corresponding author. We are indebted to Eric Helland and an anonymous reviewer for valuable comments and suggestions on an earlier version of the paper. We are further grateful to Dominic Cucic, Amery Gülker, Bastian Sattelberger and Anne Zirngiebl for excellent research assistance. The usual disclaimer applies. Keywords

Die Dis cus si on Pape rs die nen einer mög lichst schnel len Ver brei tung von neue ren For schungs arbei ten des ZEW. Die Bei trä ge lie gen in allei ni ger Ver ant wor tung der Auto ren und stel len nicht not wen di ger wei se die Mei nung des ZEW dar.Dis cus si on Papers are inten ded to make results of ZEW research prompt ly avai la ble to other eco no mists in order to encou ra ge dis cus si on and sug gesti ons for revi si ons. The aut hors are sole ly respon si ble for the con tents which do not neces sa ri ly repre sent the opi ni on of the ZEW. DETERMINANTS OF SELF-REPORTING UNDER THE EUROPEAN CORPORATE LENIENCY PROGRAMCung Truong Hoang  , Kai Hüschelrath  , Ulrich Laitenberger * and Florian Smuda # July 2014 AbstractWe empirically investigate the determinants of self-reporting under the European corporate leniency program. Applying a data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and 2011, we find that the probability of a firm becoming the chief witness increases with its character as repeat offender, the size of the expected basic fine, the number of countries active in one group as well as the size of the firm's share in the cartelized market. Our results have important implications for an effective prosecution of anti-cartel law infringers. Corresponding author. We are indebted to Eric Helland and an anonymous reviewer for valuable comments and suggestions on an earlier version of the paper. We are further grateful to Dominic Cucic, Amery Gülker, Bastian Sattelberger and Anne Zirngiebl for excellent research assistance. The usual disclaimer applies. Keywords

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