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 StaffJuly 29, 2024 Fraud and corruption in the healthcare industry not only drain valuable resources but also undermine the trust and safety of patients. Recognizing the unique red flags and implementing robust anti-corruption measures are crucial steps in safeguarding the integrity of healthcare systems. Here, we explore the most...
Technical StaffJune 28, 2024 In the era of Artificial Intelligence (AI), the fight against corruption is undergoing significant evolution. AI technologies enhance detection and prevention efforts by analyzing large datasets for irregularities or patterns indicative of corruption. Additionally, AI automates routine compliance tasks, boosting efficiency and reducing errors. However, challenges...
Episode 18: Corruption as a Business Risk: Integrating it into Your Risk Management Framework Technical Staff, June 17, 2024 Welcome to “The Edge: Anti-Corruption” podcast series, brought to you by The American Anti-Corruption Institute (AACI). Our podcasts are designed to empower leaders and management within organizations to tackle fraud and corruption head-on. Today is...
Technical Staff June 11, 2024 In today’s business landscape, corruption remains one of the most significant threats to organizational integrity and sustainability. When corruption risks are not adequately addressed, organizations can face severe financial losses, legal repercussions, and irreparable damage to their reputations. This blog post examines the corruption risks present in organizations under certain...
Technical Staff June 5, 2024 1. Lack of a Clear Anti-Corruption Strategy Mistake: Not establishing a comprehensive and clear anti-corruption strategy. Solution: Develop and implement an anti-corruption strategy accompanied by policies that outline acceptable behaviors, reporting mechanisms, and consequences for violations. The strategy and its policies should be communicated to all employees and stakeholders. 2. Inadequate Training and...
Mike J. MASOUD June 4, 2024 1. The Fundamentals of Fighting Corruption Corruption undermines the integrity and functioning of institutions, erodes public trust, and impedes economic development. Fighting corruption [1] requires a multifaceted approach, focusing on prevention, detection, and enforcement. Key fundamentals include [2]: Transparency and Accountability: Establishing clear, transparent...
Technical staff, May 14, 2024 Welcome to “The Edge: Anti-Corruption” podcast series, brought to you by The American Anti-Corruption Institute (AACI). Our podcasts are designed to empower leaders and management within organizations to tackle fraud and corruption head-on. Today is May 14, 2024, and we’re delving into what a company’s owner should do if he suspects fraud at...
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