44 Pages Posted: 14 Jul 2010
Date Written: July 13, 2010
Corruption is an issue that affects developing and developed countries alike. Businesses are often seen as fueling the flames of corruption by engaging in corrupt practices in order to gain advantages over competitors in business deals. Since the mid-1990s the international community has been focusing on ways to increase business integrity by adopting conventions for ratification end effective implementation by Contracting States and soft law instruments for voluntary incorporation by businesses within their Corporate Social Responsibility (CSR) policies. The question however is whether these self-regulatory measures have made any noticeable impact on companies’ practices and policies in respect of corruption. This paper addresses this question through a survey of companies’ policies and practices as expressed in their CSR statements and responses to questionnaires of publicly listed companies as published by The Times (London) in the Industrials, Telecoms and Technology sectors.
Keywords: Corruption, International Business, Corporate Social Responsibility, Corporate Governance, UNCAC, OECD Anti-Bribery Convention
JEL Classification: K10, K29, K20, K22, K33, K42, L29
Suggested Citation: Suggested Citation
Carr, Indira M. and Outhwaite, Opi, Corruption, Corporate Social Responsibility and Corporate Governance (July 13, 2010). Available at SSRN: https://ssrn.com/abstract=1639610 or http://dx.doi.org/10.2139/ssrn.1639610