1st Edition
Corruption in International Business The Challenge of Cultural and Legal Diversity
It is common practice to assume that business practices are universally similar. Business and social attitudes to corruption, however, vary according to the wide variety of cultural norms across the countries of the world. International business involves complex, ethically challenging, and sometimes threatening, dilemmas that can involve political and personal agendas. Corruption in International Business presents a broad range of perspectives on how corruption can be defined; the responsibilities of those working for publicly traded companies to their shareholders; and the positive influences that corporations can have upon combating international corruption. The authors differentiate between public and private sector corruption and explore the implications of both, as well as methods for qualifying and quantifying corruption and the challenges facing policy makers, legal systems, corporations, and NGOs, as they seek to mitigate the effects of corruption and enable cultural and social change.
List of Figures
List of Tables
Preface
Contributors
- Introduction: What Corruption is and Why it Matters
- Government for Hire
- When Shareholders Lose (or Win) through Corruption
- The Good and Evil Faces of Foreign Investment
- Quantifying the Immeasurable
- Critiquing the Indicators of Corruption and Governance
- Corruption in Chinese Sports Culture
- Exploring Corruption in the Petroleum Sector
- Risk Management – Playing By the Rules
- Changing the Rules: How the Transition Economy of Kyrgyzstan is Reformin Public Corruption
- An Institutional Approach to Understanding Corruption in BRIC Countries
- Private-Sector Incentives for Fighting International Corruption
- Conclusion
Appendix I
Appendix II
Bibliography
Index
Biography
Sharon Eicher is a Ph.D. in Development Economics (2002). Other degrees include B.A. in Political Science and Master's degrees in Islamic Societies, Central Asian Languages & Cultures, and Economics. She has taught Business and Economics courses at KIMEP in Kazakhstan and was Chair of the Department of Business and Economics at Bethel College in Newton, Kansas, in the USA. She now teaches at Friends University in Wichita, Kansas, as an Associate Professor of Economics. Sharon has been studying and traveling to the former Soviet Union since 1989. She lived and worked in Kazakhstan for several years where she met with advocates for small business development, befriended many business professionals in the commercial center of Central Asia, Almaty, and developed her understanding of corruption.
