...------------------------------------------------- Top of Form Bottom of Form * Home * Festivals * Events * Essay * Speech * Quotes * Rhymes * India * Social Issues * Follow us on Twitter * Follow us on Facebook Corruption Essay Essay on Corruption Corruption is the use of unethical methods to get some advantage by others. It has become one of the big factors of obstructing the development of the individual and country. You can use such type of essays for your kids and school going children for essay writing purpose at home or schools. Corruption Essay 1 (100 words) Corruption is a poison which has been spread in the mind of wrong people of the society, community and country. It is the mistreatment of public resources just for getting some unfair advantage to fulfil little wish. It is concerned with the unnecessary and wrong use of both power and position by anyone whether in the government or non-government organization. It has affected the growth of the individual as we well as the nation and reduces income. It is a big reason of inequalities in the society and community. It affects the growth and development of the nation in all aspects like socially, economically and politically. Corruption Essay 2 (150 words) Corruption is the misuse of public property, position, power and authority for fulfilling the selfish purposes to gain personal satisfactions. Corruption is the misuse of authority for personal gain of an individual or group. It is the unfair use...
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...Business practices in Asia Essay Essay topic – What is corruption and how does corruption affect business in Asian contexts? Choosing two Asian countries examine and compare their anti corruption strategies. Corruption, a problematic issue within business practice throughout modern Asia. Two of Asia’s biggest players, India and China, both are nations of great contrast, a definite distinction between the wealthy upper class and poverty stricken lower class, with an arguably absent middle class. Both nations are rich in tradition and culture, another similarity; an underlying rift of corruption and bureaucracy which plagues the nations. The extent of corruption in India and china, both past and present, will be examined in the essay as to how it affects business within the countries and on a more global level, how this corruption affects its standing with foreign investors. As a result of this widespread corruption, there has been a heavy focus on anti corruption strategies in the areas over the past few decades. Corruption, on its most basic level, is described as “an act done with intent to give advantage inconsistent with official duty and the right of others” (CPIB: What is Corruption. 2012). In economic terms, corruption generally refers to the payment for goods or services, which is not due to the beneficiary. From a historical standpoint, India has an extensive past of corruption, but I will focus on the more recent history of corruption in India, in the period...
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...oduction of corruption What is Corruption? In philosophical, theological, or moral discussions, Corruption is spiritual or moral impurity or deviation from an ideal. In economy, Corruption is payment for services or material which the recipient is not due, under law. Corruption means the state of being bad and dishonest, especially in matters concerning money. It creates a very impact to the country's education, occupation, living style and mostly the humanity. Corruption affects all regions of the world and all levels of society, but the impact is greatest in developing countries. Every year, developing countries lose USD 50 million to 100 million through corrupt acts Corruption undermines political, social and economic stability and damages trust in institutions and authorities. It also fuels transnational crime. Terrorists and organized criminals are aided in their illegal activities by the complicity of corrupt public officials. Types of Corruption Corruption became a sway all over the world now-a-days. It can be categorized in three types. There are three broad classifications of corruption, which are however not mutually exclusive: Petty and Grand corruption: Petty Corruption: • Practiced on a smaller scale. Defined as the use of public office for private benefit in the course of delivering a pubic service. Usually involves relatively small amounts of money, including bribery (grease money or speed payments) The public servant abuses his/her position by accepting...
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...The importance of trust in states and firms Name: Han Xu CPR no.: 231092-3616 Date of submission: 11 January 2014 Study programme: BSc. Business Administration and Sociology Integrated assignment Supervisors: Jacob Lyngsie, Benedikte Brincker STU Count: 8102 This essay will focus determining if trust is indeed fundamental, or necessary to every organisation. Since trust usually suggests a relationship between 2 or more parties, the essay will look into how trust is established between organisation and define trust. Later on, the economic benefits of trust will be explained and lastly, the importance of trust will be evaluated. Trust and the state The Corruption Perception Index (CPI) is an The CPI is an example of measuring a state’s economic legitimacy based on an empirical understanding, seeking to shed light on the economic and political legitimacy of a regime by reviewing international institutions’ perception on the transparency and corruption of the state. Every year, Transparency International releases a CPI report on countries around the globe. The annual report (Transparency International 2013) measures countries according to the perceived level of corruption, reflecting the level of trust in the accountability of each state. In this section of the essay, we point our attention to the state and trust is defined as the ‘belief in legitimacy’ (Rostboll 2013). Such formalised documentation of trust between neutral international institutions and...
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...BB315 – Issues in Business Tutorial Questions Chapter 17 – Emerging Markets PART A – True or False Questions 1. The study of the nonmarket environment of an emerging market country involves assessment of labor market, demand and supply relations, and investigation of the competitiveness of incumbent companies. (True or False) 2. Transparency International’s Corruption Perceptions Index (CPI) pertains to the corruption in a country or the demand side of corruption. (True or False) 3. To use a country to export goods to better developed countries and markets requires foreign markets to be closed, which if generally the case in developing countries. (True or False) 4. Culture can be important, not only shaping the opportunities and risks in a country but also for the likelihood that a company can implement its market strategy. (True or False) 5. Microfinance, in its modern version, was introduced by Muhammad Yunus, a Bangladeshi economist. (True or False) 6. The fair trade system attempts to intervene directly on both market and nonmarket issues by coordinating the flow of consumer revenue to participating producers. (True or False) 7. Rule of law can override politics and political ties when doing business in emerging market countries. (True or False) 8. Emerging markets countries have imposed a variety of restrictions on foreign direct investment, foreign exchange transactions, and the repatriation of earnings. (True...
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...and corruption in the world that we are currently living based on the mixed economic worldview which is my personal economic worldview which threatens to undermine the stability of economic and political development on both a national and global scale, and which requires both immediate and wide-ranging policy interventions. The recent concern with corruption is attributable, not to any substantive increase in corrupt practices, but rather, to the re-framing of corruption in light of broader shifts and transformations within the global economy. The historical context of globalization covers centuries. This paper reviews the types, forms as well as the consequences of corruption. The paper also reviews the issues associated with globalization and the effect it has on the lives of various individuals. It questions the view that, under certain conditions, corruption may enhance efficiency and argues that though corruption may benefit powerful individuals it will indubitably lead to greater inefficiency and a waste of resources at a macro-economic level. Table of Contents ABSTRACT i INTRODUCTION iii BACKGROUND iv Forms of Corruption vi 1.1 Bribery vi 1.2 Theft and fraud vi 1.3 Embezzlement vi 1.4 Nepotism vi 1.5 Conflict of Interest vi 1.6 Favouritism vii Types of Corruption vii 2.1. Grand corruption vii 2.2 Political corruption vii 2.3 Corporate corruption vii 2.4 Administrative corruption vii 2.5 Petty corruption vii 2.6 Systemic corruption vii ...
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...JOHNSON Host Country Effects of Foreign Direct Investment The Case of Developing and Transition Economies This thesis consists of four individual essays and an introductory chapter. While independent from each other, these essays share some common properties. They are all empirical and focus on the interaction between inflows of foreign direct investment (FDI) and host country characteristics. The primary focus of the thesis lies in how inflows of FDI affect developing and transition economies. Macro-level data are used in all essays. The first essay analyses the FDI inflows that the transition economies of Eastern Europe have attracted and tries to find determinants of these inflows. The following two essays compare the effect of FDI between developing and developed economies. The second essay studies the relationship between corruption in the host country and the volume of FDI inflows. The third essay explores the effect of FDI inflows on host country economic growth. The fourth and final essay analyses the relationship between FDI and trade, focusing on the link between FDI flows and host country exports in eight East Asian economies. ISSN 1403-0470 ISBN 91-89164-64-4 ANDREAS JOHNSON Host Country Effects of Foreign Direct Investment The Case of Developing and Transition Economies Jönköping International Business School P.O. Box 1026 SE-551 11 Jönköping Tel.: +46 36 10 10 00 E-mail: info@jibs.hj.se www.jibs.se Host country effects of foreign direct investment:...
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...Extended Essay Business and Management Research Question How does operating in highly corrupt countries impact Shell's approach to operating ethically and with corporate social responsibility? Candidate Name: Lucas Pontes IB Candidate Number: 000416 - 0070 School Name: International School of The Hague Advisor: Jane Austin Date Submitted: 11 February 2014 Word Count: 3863 Abstract’s Word Count: 223 Abstract This essay is aimed at answering the question ‘How does operating in highly corrupt countries impact Shell's approach to operating ethically and with corporate social responsibility?’ In order to answer the question Business and Management tools and theory have been applied to Shell’s way of doing business, focusing on corrupt countries. The essay takes into consideration the causes of corruption or unethical behaviour, and links to what Shell could do, or have done, to prevent such behaviour. The information of this essay has come from the public domain as well as Shell’s internal policies such as their Code of Conduct, their General Business Principles and other websites listed in the bibliography. The way in which Shell is considered a business, which has a corporate social responsibility approach, was assessed by using external business tools such as SWOT analysis and Cause and Effect diagram. The analysis allow us to see that Shell is trying to minimise the level of corruption and unethical behaviours among Shell and its employees by adopting several...
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... Synopsis: The essay, “A Universal Healthcare System: Is It Right for The United States?” by Marleise Rashford describes the positive effect of universal healthcare. In the essay she explains how a universal healthcare system will help this country. The United States is the only industrialize nation that does not provide healthcare for its citizens. She criticizes the American healthcare system. “The current American system cost too much, cover too little and excludes too many” according to Rashford. Marleise Rashford emphasizes that money is not the issue why America has not reform its health system. Corruption, lobbyist, and private insurances are the ones responsible for this. The essay mentions that 45 million Americans are uninsured. This essay will analyze and critique Rashford’s essay. I support the universal healthcare system. The United States is the only industrialized nation without universal healthcare. The United States ranks poorly compare to other industrialized nations on healthcare. Universal healthcare will cover all the American citizens. It will benefit the underprivileged citizens of this country. American citizens will have a longer life expectancy. Infant mortality rates will decrease. The United States is the only industrialized nation without universal healthcare. (Rashford, 4) Corruption, lobbyist, and private insurances are the ones responsible for this. ...
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...POLI3001 Assignment No. 2 Briefly compare the political regime type in China and India. Which of the two would you prefer to do business in and why? India and China are two republics that have experienced very opposing political regimes throughout history. China has been fundamentally stable country with a lack of a distinct authority figure (Desai, 2003). Being a single party state China has been controlled by the Chinese Communist Party since the 5th National Congress held in 1927 (Wang, 2013). Correspondingly India, have always been a federal parliamentary democratic republic where the President of India elected is head of state and the Prime Minister elected is the head of government (U.S. Central Intelligence Agency, 2013). This essay will reflect on the political views of both China and India, and attempt to determine why it is more advantageous to do business in India. Government regulation is the process of dissemination, monitoring and enforcement of policy established by appropriate legislation. In, China regulation is central as particular industries are not accessible to foreign investors as the Communist Party aims to restrict external influences on its own population (Desai, 2003). An estimated 90 percent of companies listed on the Chinese exchanges are either partly or fully state-owned (Desai). Retaining a level competition base is significantly reduced, as the chances of competing against a government owned company is more than likely. A good example...
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...How Are Power and Corruption Related? by Sebastian Sandoval "Power corrupts and absolute power corrupts absolutely." – Lord John Dalberg-Acton Macbeth and Lord of the Flies depict power and corruption. However in Macbeth's case it is his fear of being forgotten that leads to his ambitions for power and in turn corrupts him. In Lord of the Flies we see Jack's ambition to become chief corrupt him into doing whatever it takes to achieve that position. Both works seem to coincide with Hobbes theory that "man is naturally savage" and that savagery combined with the notion of power can only lead to one thing, corruption. In this essay the relationship between power and corruption will be explored through the lens of three texts: Macbeth by William Shakespeare (1623), Lord of the Flies by William Golding (1954), and Of Man, Being the First Part of Leviathan by Thomas Hobbes (1651). Let us begin with The Tragedy of Macbeth. Throughout the play, we see Macbeth change from a noble and brave soldier into a shadow of his former self. In the beginning we see an internal struggle with the decision to kill King Duncan. This is most clearly depicted in act I when Macbeth says, "We will proceed no further in this business. He hath honored me of late,"(1.7. 28-30 ). It is after the murder of Duncan that we begin to notice a sinister change. Macbeth begins to murder anyone who has or could get in his way even his friend Banquo. In act 3 Macbeth's plan is first revealed in his conversation...
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...introduction of this essay it focuses on the concept that the quality of good leadership has drop drastically in Nigeria. However In each nation, the spot of leadership in any association can't be over emphasized. There is the need to express that each person is a real leader, in spite of the fact that not everybody can be a Leader in a place at a specific time. This implies there is dependably a leader saddle with the errand of leadership at a specific time and there are those to be driven. Leadership is a vital component in the life of any individual or association. The nature of leadership of an association plays a substantial...
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...socialist market economic system. However, as the economy booms prosperously, drawbacks have been revealed. One of the most significant drawbacks is the business corruption. Generally, for Chinese business, there exists a comprehensive framework in both the public and private sectors to classify corrupt practices, and facilitation payments, money laundering, active and passive bribery, and gifts are mostly belong to the typical business corruption. (GAN Integrity Solutions, 2015) This essay is going to focus on the solutions to solve the active and passive bribery for the consideration of three perspectives which were ranked by individuals, companies, and Chinese government.Bribery has negative influence on both internal business operation and external foreign investment. On the one hand, bribery rejects the companies’ healthy regulation. According to a research by Charney (2015), in order to operate, more than one third of the surveyed corporate had to pay bribes. This data was based on a survey of 2,300 firms across China with a range of industries. (Levick, 2015). On the other hand, according to Song’s new survey, 25% of the companies avoid doing business in China due to bribery. (2013) Despite Chinese President Xi Jinping's anti-corruption campaign, there is still a considerable amount of bribery exist in the country's business area. (Yang, 2015) The first solution is for the individuals in China, especially for the Chinese employees in public institutions or personal corporations...
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...Matthew Barnett Corruption in Vietnam International Marketing December 31, 2015 1. List all the different types of bribes, payments, or favors represented in this case under (a) FCPA, (b) Criminal Law of PRC, and (c) Law against Unfair Competition of the PRC. Why is each either legal or illegal? In this case we learn of different types of payments and bribes they use to go around the law. One type of bribe is a cash payment which is illegal. A cash payment is funding something by throwing cash at them making do illegal action. Another type of favor is is black markets. Black markets are a way of engaging in transactions to gain a competitive advantage on import and export goods. Another favor is gifts. Gifts are illegal, and under PRC gifts that are valued over 600 are very illegal. Gifts that are under 600 are legal but the laws are very vague. Examples of this were a business trip to a see a country which could be illegal because unless you are there on business they are paying for you to go somewhere just to hang out. Another of example in the text was the purchase of black market licenses and certificated, this is very illegal and making a blatant attempt to get around the law. Under the FCPA they were taking bribes to low officials to expedite jobs. The PRC is a law aimed toward commercial bribery, and aimed at giving money or property to customers. These laws and rules were put into place to help governments from doing bad business; most of these are very...
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...No.2234) B.K.School of Business Management (Evening Programme) ?Ethical Issues in Satyam Scam Abstract “Reputation is an idle and most false imposition: oft got without merit, and lost without deserving”. Failed institutions, including Lehman Brothers, Enron and Satyam, would stand a testimony to this affray in a post-mortem analysis. This paper discusses corporate ethical issues involved in ‘Satyam Scam’ from a compliance perspective. It makes a distinction between legal and ethical compliance mechanisms and also shows that the legal compliance mechanism has clearly proven to be inadequate as it lacks the moral firepower to restore confidence and the ability to build trust. The concepts of freedom of indifference and freedom for excellence provide a theoretical basis for explaining why legal compliance mechanisms are insufficient in 2 dealing with fraudulent practices and may not be addressing the real and fundamental issues that inspire ethical behavior. The focus of the virtues in governance is to establish a series of practical responses which depend on the consistent application of core values and principles as well as commitment to ethical business practice. In my opinion, No one makes it to the top ranks of corporate management without a healthy amount of self-assurance. Confidence underlies decisive, strong leadership, but does overconfidence lead managers to cross the line and commit fraud? . This paper focuses generally on academic business ethics, more particularly...
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