Corruption (How to deal with its impact on business and society)

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Corrupt behavior is causing problems for our communities, not because laws are weak or because we are insufficiently diligent, but because it is so pervasive. While most noticeable in government and business, corruption is also found among religious organizations, nonprofit groups, sports teams, and individual families. Because corrupt behavior is not restricted to illegal activities, it hampers society’s progress whenever rules are bent, boundaries are trespassed, and standards are lowered. Although no culture in history has yet ended corruption, this book shows how its impact and spread can be effectively limited by adopting new attitudes and approaches for its control.Some topics and quotes from CORRUPTION THE DIFFICULTY OF DEFINING CORRUPTION The fact that corruption is sometimes hard to discern does not make it any less despicable or suggest that it needs to be eradicated from society any less diligently.WHY CORRUPTION CONTINUES TO GROWWhen incentives—money, position, rewards—are high enough and the chance of detection or the level of punishment low enough, corruption abounds. THE SOLUTION TO CORRUPTION A complete cure for corruption is probably a fantasy; controlling [it] to the point of limiting the damage it does to society seems very possible.TAKE THIS QUIZDo you think corruption taints this situation You have two cows. You do an initial public offering. You force the two cows to produce the milk of four. One cow drops dead. Not to worry. You tell the brokers you have downsized to reduce expenses. Your stock goes up. Was your statement to the brokers an act of corruption Yes? No?