Posts cover the costs of corruption of all kinds. Such costs include, but not limited to, those associated with and have negative impacts on the rule of law, public funds, and resources, education, healthcare, poverty, civil society, economic sustainability, foreign direct investment (FDI), interest rate, citizenship, and citizens trust in public institutions.
These posts also cover the negative consequences of corruption on the proper separation of powers (legislative, judicial, and executive), and tax collections.
Exam UnitDecember 5, 2024The fight against corruption is evolving, and so is The Certified Anti-Corruption Manager (CACM) credential. At The American Anti-Corruption Institute (AACI), we’ve redesigned the CACM Review Textbook for its 2025 Edition, setting a new benchmark for anti-corruption professional education worldwide. As the only official review textbook authored and published by The...
Technical StaffDecember 4, 2024As the world observes International Anti-Corruption Day on December 9, it is essential to reflect on the global effort to combat the “cancer of nations”—corruption. While the day serves as an important symbol of international commitment to the fight against corruption, it is also a reminder that...
Technical StaffNovember 27, 20245 Key Takeaways:1. Corruption undermines markets and governance: Bribery distorts competition, erodes trust, and weakens public institutions.2. A shared global commitment: The OECD Anti-Bribery Convention unites nations to combat bribery in international business transactions.3. Practical tools for prevention: The Convention provides actionable frameworks for companies and governments...
Mike J. MasoudNovember 15, 2024Overview of Major Cyber Scams1. Identity Theft: A prevalent scam involving unauthorized access to personal information, often leading to financial losses or reputation damage. Scammers use phishing, data breaches, or social engineering to obtain sensitive data. In 2023, identity theft accounted for significant portions of the...
Technical StaffOctober 23, 2024Key Takeaways1. Fraud and corruption can happen in any business: No company, regardless of size or structure, is immune.2. Financial, reputational, and operational damages are real risks: Ignoring corruption exposes businesses to severe consequences.3. Investment in fraud and corruption prevention is essential: Proactive measures safeguard the business...
Technical Staff;October 15, 2024Takeaways1. The integrity of top management is directly linked to corruption and fraud risks, which are significant business risks.2. Stakeholders must actively monitor management’s ethical commitment and follow company news to ensure transparency and accountability.3. Red flags, such as a lack of transparency, frequent leadership changes, and...
October 9, 2024Mike J. MasoudCorruption can devastate any business, but its impact is often more severe for small and medium enterprises (SMEs). Unlike large corporations, which may have the resources to recover from a scandal, SMEs are far more vulnerable to the financial and reputational damages caused by fraud and...
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