Anti-Corruption Governance, Global Business and Corporate Sustainability

Research output: Chapter in Book/Report/Conference proceedingBook chapterEducationpeer-review

Abstract

This chapter provides an introduction to the concept of corruption, presents an overview of the major stakeholders and strategies involved in the business response to the corruption challenge and explains how this all relates to corporate sustainability.
More specifically, the chapter starts out by proposing a workable definition for corruption and explains what different forms corruption can take and what its consequences are for business and society at large. In a second step, we map the key actors, rule frameworks and initiatives that shape anti-corruption governance relevant to the business environment. We then zoom in on the company perspective and review the common approaches deployed by businesses to tackle corruption and their evolution over time, as well as some of their weaknesses and challenges ahead. The concluding section shows how the business response to corruption is linked to broader concerns about corporate sustainability, highlighting that corporate anti-corruption efforts can be considered as part and parcel of a comprehensive corporate sustainability agenda.
Original languageEnglish
Title of host publicationCorporate Sustainability : Managing Responsible Business in a Globalised World
EditorsAndreas Rasche, Mette Morsing, Jeremy Moon, Arno Kourula
Number of pages20
Place of PublicationCambridge
PublisherCambridge University Press
Publication date2023
Edition2.
Pages506-525
Chapter24
ISBN (Print)9781009100403, 9781009114929
ISBN (Electronic)9781009118644
DOIs
Publication statusPublished - 2023

Keywords

  • Corruption
  • Integrity
  • Transparency
  • Compliance
  • Collective action

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