When the Crowd Fights Corruption  

Oleh:

Healy, Paul M. ; Ramanna, Karthik

Jenis: Article from Bulletin/Magazine - ilmiah internasional
Dalam koleksi: Harvard Business Review bisa di lihat di link (http://web.b.ebscohost.com/ehost/command/detail?sid=f227f0b4-7315-44a4-a7f7-a7cd8cbad80b%40sessionmgr114&vid=12&hid=105&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=bth&jid=HBR) vol. 91 no. 1 (2013), page 122-129.
Topik: Business in Developing Countries; Corruption; Citizen-driven Initiatives

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: HH10.46 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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When the World Economic Forum recently surveyed leaders to identify the greatest impediments to conducting business in developing countries, they cited corruption as the biggest hurdle in Russia, the second biggest in India, and the fifth biggest in both China and South Africa. Governments in some emerging markets have taken action. Legislators and courts in Brazil, China, India, and other countries are starting to take on vote buying, contract rigging, election fixing, and other types of illegal activities. However, the problems stubbornly persist. Private citizens are also joining the fight against corruption. Some are making the effort via for-profit ventures, such as the investigative magazines Caijing (which has a business relationship with HBR) and Caixin, in China. Others take a grassroots approach, using the power of the internet to shine a light on corrupt practices in government. We have been studying this new breed of citizens’ initiatives in China, India, Russia, and Turkey because business leaders can no longer ignore them. Certainly, there are powerful moral arguments against shady practices, and tougher enforcement of regulations such as the U.S. Foreign Corrupt Practices Act and the UK’s Bribery Act have raised the legal stakes for multinationals. But these citizen-driven initiatives are raising public awareness as never before and demand that CEOs pay attention.

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