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.
Mike Masoud, February 15, 2024In light of recent developments highlighted by the Financial Times [1], it is evident that the role of whistleblowers in combating corruption is gaining recognition. The appointment of a non-legal director at the UK Serious Fraud Office (SFO) marks a significant departure from tradition, signaling a...
Mike Masoud,February 1, 2024Corruption is a complex and multifaceted phenomenon that affects every country in the world, undermining development, democracy, and human rights. According to Transparency International, more than two-thirds of the countries in the world score below 50 on the Corruption Perceptions Index, indicating a serious problem of corruption...
Technical StaffJanuary 25, 2024As an ongoing commitment to raising decision makers’ awareness about fraud and corruption risks, The American Anti-Corruption Institute (AACI) provides a list of the top ten fraud and corruption red flags along with recommendations on what management of small and medium-sized organizations can do about each one.1....
Mike MasoudJanuary 24, 2024IntroductionIn the vast tapestry of global challenges, corruption emerges as a silent yet formidable enemy, wreaking havoc on the very fabric of societies. Its insidious influence is particularly pronounced in developing countries, leaving a lasting impact on the youth – the architects of tomorrow’s world. In this...
The world celebrates each year the International Anti-Corruption Day on December 9. This day is celebrated to remind people of the importance of fighting corruption and promoting transparency in government. Corruption hurts sustainable economic development, the rule of law, and social and security stability. “Yet combating corruption remains a significant hurdle with...
Technical staffNovember 7, 2023IntroductionIn today’s ever-evolving business landscape, one thing remains constant: the necessity of upholding ethical values and integrity. Corruption poses a significant threat to any organization, but it can be combated through the establishment of an anti-corruption corporate culture. This blog post will make the case that instilling...
Mike J. MasoudSeptember 13, 2023IntroductionIn the complex landscape of today’s global organizations, the specters of corruption, fraud, and money laundering loom ominously. As leaders occupying executive management, board seats, or senior official positions, the mantle of responsibility falls squarely upon their shoulders. Those charged with governance are the guardians tasked...
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