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.
October 29, 2022Technical StaffWhen corruption becomes the norm rather than the exception, the quality of life declines, and social values change. For example, the rule of law diminishes, bribery payment becomes usual and acceptable, nepotism becomes a pride source, and connections are the actual qualifications! People’s morale deteriorates, and the...
Setting the tone at the top of what is acceptable and not acceptable sets the boundaries of expected behavior and conduct. Those charged with governance and executive management are responsible for establishing proper and adequate policies that encourage honesty and reward integrity. For example, when a company establishes a well-written whistleblowing policy, it should encourage all stakeholders to report wrongdoing. However, organizational leadership should be vigilant and have effective communication with management, employees, and other stakeholders.
Engaging Students in Fighting Corruption
Regardless of the existence of corruption, students should understand the basics and characteristics of corruption. They should learn about corruption schemes and their damages. They should also learn how to deter and prevent corruption.
Benefits of Engaging Students
An effective student engagement strategy should achieve the following goals:
August 17, 2022Technical StaffThe following story (click here to read it in its entirety) is a typical example of how kickbacks work, and how they begin small and grow larger and larger. On August 15, 2022, The Sunday Morning Herald published a story titled “Businesswoman gave car, boat, and holidays...
It is impossible to recognize something you do not know or have been trained to recognize correctly. However, the nature, amount, and scope of anti-corruption knowledge and abilities required by decision makers vary. For example, the CFO’s anti-corruption knowledge exceeds what a board member requires to fulfill his duty of care. Unfortunately, many decision-makers are unaware of two important corruption-related challenges. First and foremost,
Mike MasoudJuly 19, 2022 On September 15, 2021, I published on this official blog of The American Anti-Corruption Institute (AACI) a post entitled “Theranos Blood Testing Fraud: From 9 billion USD to 0 USD.” Theranos blood testing fraud is the biggest health care fraud in history. Due to its significance,...
Technical StaffJune 10, 2022The Definition of CorruptionThe American Anti-Corruption Institute (AACI) defines corruption as “Abuse of power or perceived power or entrusted authority for direct or indirect private monetary or non monetary gain.” 1 Therefore, the existence of power is a prerequisite for corruption. Power has many forms and sources....
Together, Empowering Tone at the Top
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