Preview

Social Accountability in Central America

Satisfactory Essays
Open Document
Open Document
368 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Social Accountability in Central America
Social Accountability in Central America
Governments and businesses interact to generate wealth. The quality and transparency of a government influence on competitiveness and growth. Political institutions go farther than the legal environment, their attitudes and efficiency impact economic costs to businesses and the economic development.
The government and businesses are more honest in some countries than others. The 2011 Corruption Perceptions Index ranks 183 countries based on how corrupt their public sector is perceived by their citizens. The majority of the countries assessed are below five on a scale of 0 to 10 (highly corrupt to very clean). At the top list are New Zealand, Denmark and Finland; while at the bottom is North Korea. Mexico is placed in 100th with a score of 3.
The Bribe Payers Index score 28 of the world’s largest economies according to companies from these countries to pay bribes abroad. China and Russia companies spent $120 billion on bribes in 2010, while companies from the Netherlands are the less likely to pay bribes. Mexico is at the bottom, placed at 26 with a score of 7 (0-10, never bribe to always do it).
Companies and governments can carry out different strategies to fight corruption and unethical activities. Education has an important role, it is essential to teach about corruption, to increase awareness of it in all of its ways and to train people from common employees to businesspeople with the tools to attack it. Corruption and bribery need to be prosecuted and whistleblowers need to be protected. Effective evaluation systems are required to know if commitments and goals are being met. Organizations must publish their operations, profits, investments and demonstrate transparency in their business. Governments must impose international anti-bribery laws and conventions to promote an honest operating environment. This will help to guarantee accountability worldwide.
It is not only a task of businesses and governments, it



References: Transparency International (2012). Corruption Perceptions Index 2011. Retrieved from: http://cpi.transparency.org/cpi2011/results/ Transparency International (2012). Bribe Payers Index Report 2011. Retrieved from: http://bpi.transparency.org/bpi2011/results/

You May Also Find These Documents Helpful

  • Good Essays

    does Bribery help or hurt

    • 867 Words
    • 4 Pages

    Bribery in the business world is a very polemical term, where it involves the corruption between the private sector and the government. The article “Does bribery help or hurt firm growth around the world?” by Jessie Qi Zhou & Mike W. Peng provides a good review and examination of how bribery plays a role in the growing process of a firm and what implications or consequences it can bring. The article brings two important points of view; the first one is focus on what levels the firms have to use bribery in order to obtain benefits (which depends in what country the firm is located), the second point is in what degree bribery will benefit or injured the development of the company. These points are very accurate in the sense the article delivers a good idea about what is happening between firms and government and illustrates how the political and government structure in each country can be easily seduced by system of bribery.…

    • 867 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    exam

    • 275 Words
    • 2 Pages

    business, perceptions of corruption ( Hint: identify the scores of the two selected countries in…

    • 275 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    -Sher, Julian.“Canada Ranked Worst in G7 Nations in Fighting Corruption, Bribery”. The Globe and Mail. May 24th 2011. August 24th 2012.Web. November 30th 2012.…

    • 1235 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    United States Vs Portugal

    • 1836 Words
    • 8 Pages

    In the article, Business corruption in the USA states, “investors in the US, and companies do not consider corruption a major obstacle to their business operations. The US offers a competitive market and abundant business opportunities.” The US government enforces the law on extortion, bribery and abuse of office.…

    • 1836 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Guo one of the authors of “Anti-corruption measures in China: suggestions for reforms” says that “It is always difficult to evaluate a country's or region's level of corruption accurately due to the secret and sensitive nature of corrupt transactions” Many studies have been done but as it happens in many nations the government is the one who chooses what is known to the public and what is not, people who take part in corrupted activities will try to do anything so that such activities would never be public news.…

    • 1196 Words
    • 5 Pages
    Good Essays
  • Better Essays

    According to the Corruption Index of the Guardian, 2012, China was ranked as the 80th least corrupt country, with a Corruption Perceptions Index score of 39. Since 2008, China has experienced a fall of 10 places and ranks even lower to e.g. New Zealand, with a CPI score of 90. China is involved in one specific type of corruption, which, according to Wedeman, 2012 is predatory corruption. Predatory corruption helps forge political machines and often provides incentive for economic growth. Although suitable for China, it is difficult to say whether or not China’s corruption can be considered as an economic pillage, as its economy grew for decades while, at the same time, corruption was becoming more intensified. Ting Gong (2012). One of the greatest challenges in fighting China’s corruption, which has the potential to undermine the Communist Party, is to check for it within the society, especially when Chinese politicians claim that “to get rich is glorious” Deng Xiaoping, 1984. An article in The Economist, 2012 emphasizes the corruption in China. After the publishing of a…

    • 1419 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    The “Invisible Hand, Greased Palm” written by James Surowiecki, is an article that focuses on business ethics and more specifically on bribes, and whether or not they should be allowed. The article begins by giving the history of federal acts that were put into place to try and limit the amount of corruption in business around the world. The first of such act was Foreign Corruption Practices Act, which banned bribery of foreign public officials. The F.C.P.A was symbolically important and didn’t do much, originally, to cut down on corruption. However, after 1997 much was done by the O.E.C.D. and the U.N. to cut down on corruption, and corruption…

    • 1382 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Highlighting the stubborn problem of building public trust, ‘ending corruption’ ranks as a leading challenge for respondents across all twenty countries surveyed. When aggregated across our global sample of 30,000 people worldwide, the challenge of corruption ranks ahead of job creation and economic growth. A deeper look at the data sees ending corruption ranked as the most important of twenty-three issues ‘for my country to address’ in numerous emerging and developed economies. The challenge of corruption is not simply one for governments to address: in many of the markets surveyed, corruption also ranks as a top-five challenge for business to address.…

    • 4503 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    Ethics

    • 308 Words
    • 2 Pages

    1. Bribes to government officials, side payments, facilitation payments, donations to political parties before elections….when is corruption MORALLY corrupt? Analyze critically the meaning of corruption in an international business setting and assess its economic and moral impact.…

    • 308 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Sanyal R.(2005). Determinants of Bribery in International Business:The Cultural and Economic Factors. Journal of Business Ethics, Vol. 59, pages 139-145. DOI 10.1007/S10551-005-3406-Z…

    • 3870 Words
    • 16 Pages
    Best Essays
  • Better Essays

    UKRAINIAN CORRUPTION. Ukraine is ranked as Europe’s most corrupt country, according to Transparency International (Cohen, 2016). The most severe corruption is done by authoritative politicians and officials. A clear example of corruption was best illustrated by the 1.8 million dollars that disappeared from the International Monetary Fund.The corruption in the country symbolizes the socio-political turmoil in Ukraine. According to the Portal on Central Eastern and Balkan Europe, statistics in 2011 indicate that about 26% of people reported extorted bribes, 47% officials demanded them payments, and 40% of them testified for bribe extortion. Bribery has become such a large issue, that it is a norm for Ukrainian citizens. The change in government…

    • 1662 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The international anti-corruption non governmental organization, Transparency International, has released the 2013 Cambodia report recently. It shows that up to 65% of Cambodian people claims that they bribed judicial officials in the last 12 months. The proportion of bribes to policemen reaches 65%; that of bribes to officers in public utilities reaches 62%; that of bribes to registration and licensing agency personnel is 62%;…

    • 585 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Morally, corruption is a deviation from an ideal. It may include activities such as bribery and embezzlement. In Malaysia, it can normally be seen when dealing with businesses or involving politics. Political corruption occurs when a governmental office-holder acts in an official capacity for personal gain. Statistics by Transparency International as shown in Wall Street Journal said Malaysia scored worst in 2012 Bribe Payers Survey. In other words, Malaysia ranked 1st in corruption worldwide.…

    • 385 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Corruption

    • 1676 Words
    • 7 Pages

    Based on World Justice Project Survey as I research, Indonesia placed in the 47th place among 65 other countries in the world which are researched, but in South East Asia, Indonesia placed as the first for the most corrupt country. The rating was ranged from 0 until 10, 0 for the worst and 10 as the most corruption-clear. Indonesia placed as the most corrupt country by point of 0.46 and it was followed by Philippine with the point of 0.5, the most corrupt-clear country in the South East Asia is Singapore with the point of 0.91. This research was involving 66,000 respondent and 2,000 experts.…

    • 1676 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    MANILA, Philippines—The Philippines is still perceived as one of the most corrupt countries in the world, getting a score of 34 on a scale of 1 to 100 with 100 being very clean, according to the latest Corruption Perceptions Index of Transparency International.…

    • 2954 Words
    • 12 Pages
    Powerful Essays