We lack the wherewithal to catch and punish the corrupt Many of us believe that corruption is the biggest problem in India and if we could punish the corrupt by catching them‚ it would solve a lot of our problems. I would like to take a look at some of the root causes of corruption in India. The basic cause is that the government is not designed for accountability and delivering services to its citizens. This is a larger problem‚ which can be resolved if adequa-te effort is made to streamline
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Fighting Corruption in Malaysia SPA 501 FIGHTING CORRUPTION IN MALAYSIA A government‚ for protecting business only‚ is but a carcass‚ and soon falls by its own corruption and decay ~ Amos Bronson Alcott Corruption had always been a thorny issue for any government in the world. To a certain extent‚ the rate of corruption is considered as an indicator of how clean a particular country is. The level of corruption‚ or more accurately‚ the perceived level of corruption of a certain country is considered
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Corruption and Poverty: A Review of Recent Literature Final Report Eric Chetwynd Frances Chetwynd Bertram Spector January 2003 Management Systems International 600 Water Street‚ SW Washington‚ DC 20024 USA Table of Contents Executive Summary................................................................................................................3 Introduction ........................................................................................................................
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An Implication of the Modigliani-Miller Capital Structuring Theorems on the Relation between Equity and Debt1 Ruben D. Cohen 2‚3 Abstract We illustrate here the effects of the Modigliani-Miller theorems on capital structuring‚ emphasising especially on the relationship between equity and debt. This is carried out numerically via a simplified financial statement‚ which takes us through the methodology that leads to the ROE‚ WACC and firm’s value‚ all plotted against leverage. Introduction The
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Corruption (By: Muhammad Attique Shah Turabi) * Introduction Definition of corruption: “Misuse of the power for private or personal gain or for other unfair means”. “Dishonest or illegal behavior of the people especially of the people in authority”. By every definition corruption means the violations of the laws of land and social norms and it is Root cause of all ills in Pakistan. Corruption is connected with bribery; it will be useful to define it‚ too. The word bribe literally stands for
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IThere’s no doubt that corruption‚ endemic in emerging economies around the world‚ throws economic development into chaos. It affects decisions made by bureaucrats‚ degrades the quality of those in power‚ and discourages foreign investment. It’s also an increasingly hot business topic‚ with a growing number of influential business and political leaders from around the globe regularly pinpointing corruption as one of the greatest threats to global economic development Corruption and bribery have moved
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Science 6 17 March 2014 Corruption Research Project Throughout the world‚ a fundamental truth that must be acknowledged is that our governments are plagued by corruption. This corruption is a pervasive force firmly entrenched across all societies. With that being said‚ not all governments were created equal. Corruption manifests itself in a multitude of manners causing some countries to be more corrupted than others. The chief focus of this paper is to examine corruption across the world and analyze
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for independent leArners And clAssroom instructors Governance‚ corruption‚ and conflict United StateS inStitUte of Peace Washington‚ D.C. Table of Contents 3. Preface Introduction Corruption Corruption‚ Society‚ and Governance Corruption‚ Conflict‚ and Peacebuilding Conclusion Glossary Discussion and Investigation Activities Discussion I: Introduction to Governance and Corruption Discussion II: Identifying Corruption and the Role of Governance in Conflict Activity I: Analyzing Recommendations
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113TH INTERNATIONAL TRAINING COURSE PARTICIPANTS’ PAPERS GRAFT AND CORRUPTION: THE PHILIPPINE EXPERIENCE Nelson Nogot Moratalla* I. INTRODUCTION This paper will present a condensed report on graft and corruption in the Philippines. Information was compiled by the author from documents‚ articles‚ newspaper clippings and other data gathered from the reports and journals of the Ombudsman and the Sandiganbayan‚ two of the constitutional bodies mandated by Philippine law to investigate and act on
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DISCUSSION PAPER Anti-Corruption was the declared number one policy aim of the Olusegun Obasanjo administration. The success of this policy was‚ however‚ for various reasons not too impressive. Obasanjo ’s successor‚ President Umaru Yar ’Adua came to power promising to reform and continue the anti-corruption policy. But while the anti-graft agencies continued to arrest and arraign more individuals‚ including highly placed officials‚ for corruption‚ the general public expressed the view that the
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