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.
Technical StaffDecember 4, 2024 As 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...
Technical StaffNovember 27, 2024 5 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...
Mike J. MasoudNovember 15, 2024 Overview of Major Cyber Scams 1. 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...
Technical StaffOctober 23, 2024 Key Takeaways 1. 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...
Technical Staff;October 15, 2024 Takeaways 1. 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,...
October 9, 2024Mike J. Masoud Corruption 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...
Technical Staff; September 30, 2024The American Anti-Corruption Institute (AACI) is proud to have concluded the first season of The Edge: Anti-Corruption podcast series, featuring 28 insightful episodes that delve into the multifaceted issue of corruption. This series is designed to equip listeners with essential knowledge and practical tools to fight corruption at both individual...
Together, Empowering Tone at the Top
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