The Handbook of Business and Corruption

Cross-Sectoral Experiences

Michael S. Aßländer|Sarah Hudson

Emerald

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9781786354464

13 September 2017

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9781786354457

13 September 2017

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9781787148970

13 September 2017

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For years, corruption has been dismissed as a cultural phenomenon prevalent in developing countries, mirroring low salaries, weak infrastructure, disorganized administration and unstable political conditions. What this theory fails to explain, however, is why so many western multinational corporations have been involved in corruption scandals in recent years – even though most of these companies ostensibly had anti-corruption programs and monitoring systems in place. This book considers corruption in the business world in its broadest sense, including bribery and petty payments, nepotism and cronyism, gift-giving, embezzlement of public property and money laundering. It then explores corrupt behavior across different sectors in more detail in an effort to understand how corruption varies by industry. While a number of books dealing with corruption have been published over the years, little attention has been paid to the specifics of corruption in different industries and economic sectors. With contributions from some of the leading global experts in business ethics and law, this handbook will be an essential resource for both scholars and practitioners.

Part I: Explaining and Preventing Corrupt PracticesWhat is Organizational Corruption? Corruption: Maximizing, Socializing, Balancing, and Othering Petty Corruption - Facilitating Payments and Grease Money The Impact of Disguised Bribes - Distorting the Basic Functions of Gift-Giving Practices Nepotism and Cronyism as a Cultural Phenomenon? Viable and Nonviable Methods for Corruption Reform Part II: Corruption - Cross-Sectoral Experiences Why Does Corruption Persist in Governments across the World? Corruption in Extractive Industries - Changing the Scenario? Corruption in the IT Branch - The Example of Siemens Money Laundering and Tax Evasion - The Assisting of the Banking Sector Money Laundering and Legal Compliance in the U.S. Financial Services Industry: The Case of Standard Chartered Bank Corruption in Finance - The Role of the Investment Consulting and the Financial Auditing Industries Informal Payments in Health Care Corruption in the Pharmaceutical Sector Corruption in the Agriculture Sector - Micro Level Evidence from Bangladesh We Can Fix it - Corruption in the Construction Industry Olympic Games, Football Championships, and Corruption in the Sports Industry Corruption in the Media Corruption in the Retail Industry

Contributors from a wide range of business sectors summarize corrupt practices in general and more particularly in different business sectors from an ethical perspective. They cover what organizational corruption is; corruption: maximizing, socializing, balancing, and othering; petty corruption: facilitating payments and grease money; the impact of disguised bribes: distorting the basic functions of gift-giving practices; nepotism and cronyism as cultural phenomena, and viable and non-viable methods for corruption reform. Then they survey corruption in governments and in such businesses as information technology, banking, health care, pharmaceuticals, construction, sports, and the media.
- Annotation ©2017

Michael Stefan Aßländer is professor for business ethics at the International Institute of the Technical University Dresden located in Zittau (Germany). From 2005-2010 he held the Plansecur Endowed Chair for business ethics at the University of Kassel. He has studied management, philosophy, sociology, psychology, political economy and Russian language in Bamberg (Germany), Vienna (Austria), Bochum (Germany) and Moscow (Russia) and holds a Diploma in Business Administration (1988), a Master in Philosophy (1990), a PhD in Philosophy (1998) and a PhD in Social Sciences (2005). From 2005-2011 he was board member of the German Business Ethics Network, and was a founding member of the Austrian Business Ethics Network (2004) where he serves as a deputy chairman till today. From 2008-2016 he was also member of the executive committee of the European Business Ethics Network.

Sarah Hudson is an associate professor at Rennes School of Business, France. She teaches corporate social responsibility at postgraduate level and is programme manager for the Masters in Management of Creative Projects, Culture and Design. She has served as programme manager for the Master of Arts in International Business (2004-2010) and head of the department of Management and Organisation (2011-13) at Rennes Business School. She holds a Phd in Chemistry (1991) and an MBA in business Administration (2006). Her current research interests include CSR and identity, corporate social performance and employee outcomes, CSR in small and medium businesses and nepotism in organizations.