corruption : the international evolution Essay

1539 Words Nov 11th, 2013 7 Pages
« Corruption: The international evolution of new management challenges “

School year 2013 - 2014
Since the phenomenon of globalization, companies that decided to broaden their horizons have to face multiple challenges and their management functions need some adaptations. While going abroad, companies may become concerned with the subject of corruption that makes the business with foreign countries even more complicated. Even if there is a willingness to fight and reduce the corruption across the world, companies must be aware that this subject exists and must take it into account while dealing with foreign companies, their efforts to understand and adapt to local corruption influencing their success of
…show more content…
Donations can be considered as a form of corruption if, by giving large sums of money to politicians, people think that they are going to get some kind of return for it. Corruption in politics appears also when politicians try to buy votes instead of winning them. Corruption in politics can have severe consequences. According Transparency International, “it can lead politicians in office to steer away from good government. Their decisions can benefit those who fund them. The public interest comes second”. Besides, when decision makers accept gifts, they give the appearance of being of the take and consequently they cannot be trusted anymore.
According to me, donations in politics do not have to be totally prohibited but rather more regulated by a campaign finance reform as in the United States. By this way, the government can have more control over who can donate to campaigns and can regulate how much they are permitted to donate.
Can Law and international agreements change corruption where these are embedded in culture and societal norms and political actions?
The case highlighted the cultural differences in terms of corruption across countries. Some practices are so embedded in societal norms that it is difficult to eliminate them. But it seems that highly corrupted countries like Bangladesh or Burkina Faso recognise that corruption is a major constraint in their business. I don’t really believe that more law or international agreements will change

Related Documents