Impact of bribery and corruption on business Some companies manage to survive and get away with bribery and corruption while others get caught up in public scandals that cost them a fortune destroying their brands‚ defending themselves and ultimately losing out on business‚ a top bribery and corruption-buster said. Retired Judge Ameer Ismail‚ Chairman of the Commission to Investigate Allegations of Bribery or Corruption (CIABC)‚ speaking on the topic ‘Bribery and Corruption: Impact on Business Environment’
Premium Political corruption Ethics Corruption
of Family in controlling corruption “Just as it is impossible not to taste the honey or the poison that finds itself at the tip of the tongue‚ so it is impossible for a government servant not to eat up‚ at least a bit of the King’s revenue. Just as fish under water cannot possibly be found out either as drinking or not drinking water‚ so government servants employed in the government work cannot be found out taking money.” Kautilya‚ 300 B.C. The term “corruption” comes from the Latin word
Premium Political corruption
CORRUPTION Corruption is defined as the misuse of any power of public consequence for private gain. Corruption is not something new‚ as per Arthasastra of Kautilya ( around 3rd century B.C) : “Just as it is impossible not to taste the honey(or the poison) that finds itself at the tip of the tongue‚ so it is impossible for a government servant not to eat up‚ atleast‚ a bit of the king’s revenue.” “Just as fish moving under water cannot possibly be found out either as drinking or not drinking
Premium Political corruption Transparency International Corruption
The Anti Corruption Commission in Bangladesh to combat corruption Contents Page number Introduction 1 Anti Corruption Commission in Bangladesh 2 Evolution of ACC 2 Vision 2 Mission 3 Chairman & commissioners 3 Functions of the commission 4 Organogram‚ ACC 6 Objectives of the ACC: 7 Plan of Action of the ACC: 8 Challenges
Premium Political corruption Transparency International Corruption
Questions about Corruption Jakob Svensson S ome years ago I interviewed the chief executive officer of a successful Thai manufacturing firm as part of a pilot survey project. While trying to figure out a good way to quantify the firm’s experience with government regulations and corruption in the foreign trade sector‚ the CEO exclaimed: “I hope to be reborn as a custom official.” When a well-paid CEO wishes for a job with low official pay in the government sector‚ corruption is almost surely
Premium Political corruption Gross domestic product Corruption
Corruption in Pakistan From the Newspaper January 17‚ 2011 Corruption has always been a big problem for Pakistan and is on the rise by the day. Apparently there are institutions like NAB‚ FIA and Ehtesab Bureau to curb corruption‚ but these have not succeeded in their efforts. According to Transparency International’s Corruption Perception Index‚ “In 2010‚ Pakistan stood at 34th number as compared to 42nd in 2009”. It means it has plunged eight more points in corruption. The irony is that before
Premium Transparency International Political corruption Corruption
Corruption (By: Muhammad Attique Shah Turabi) * Introduction Definition of corruption: “Misuse of the power for private or personal gain or for other unfair means”. “Dishonest or illegal behavior of the people especially of the people in authority”. By every definition corruption means the violations of the laws of land and social norms and it is Root cause of all ills in Pakistan. Corruption is connected with bribery; it will be useful to define it‚ too. The word bribe literally stands for
Premium Political corruption Zulfikar Ali Bhutto Pakistan
GRAFT AND CORRUPTION A Report On the Subject Public Personnel Management Masters in Government Management Pamantasan ng Lungsod ng Maynila August 3‚ 2003 DEFINITION GRAFT AND CORRUPTION WHAT IS the exact definition of Graft and Corruption? GRAFT - is the acquisition of gain or advantage through abuse or misuse of one‘s position or influence‚ whether in politics‚ business or any other undertaking. It is an act performed by a civil servant or a group of civil servants‚ acting alone by himself
Premium Public administration Political corruption Government
UNIVERSITY OF DAR ES SALAAM BUSINESS SCHOOL | AN ASSESSMENT OF CORRUPTION IN THE PROCUREMENT PROFESSION IN GOVERNMENT: CASE IN TANZANIA. | | BY | BERNARD‚ HELLEN | REG. NO. 2009-06-00929 | RESEARCH PROPOSAL SUBMITTED FOR APPROVAL TO CARRY OUT RESEARCH FOR THE DEGREE OF MASTERS OR BUSINESS ADMINISTRATION. | Table of Contents 1.0 INTRODUCTION 1.1 background3 1.2 STATEMENT OF THE PROBLEM4 2.o research
Premium Management Marketing Bank
2012 Political Corruption in Central America: Assessment and Explanation Political corruption is indisputably a hindering factor for growth in Central American countries. In some such as Honduras and Nicaragua there is a more distinguishable amount than in others‚ say Panama and Costa Rica. In this analysis‚ Dr. Mark Ruhl goes over two different types of corruption in the political arena in Central American countries. Grand corruption involving senior officials‚ and petty corruption dealing with
Premium Political corruption Costa Rica Nicaragua