ABSTRACT

Israel has extensive governmental controls on the one hand, and allows many informal exemptions from the controls on the other hand. The selection of negative or positive labels for what occurs frequently in Israel depends on choices that can be made from what has been written about governmental corruption, as well on one's judgment of the behaviors at issue. The Legal Advisor as well as the State Comptroller seems concerned to distinguish cases that require firm control from those that are acceptable exercises of administrative discretion, or that lack the quality of evidence to substantiate criminal proceedings. The censures that were scored most severe indeed were attached to reports that averaged 36 percent longer and summaries that averaged 41 percent longer than censures that were scored least severe. The State Comptroller was one of the control agencies that were silent during the many years when the banks manipulated their shares.