The Anti-Corruption Summit held in London on 12 May 2016 intended to ’put fighting corruption at the heart of our international institutions’. The Summit saw 43 Governments, including 12 Heads of Government, and seven international organisations come together to issue a Global Declaration against Corruption, sign a detailed communique and make individual country-specific commitments to ending corruption.
This book represents the first systematic qualitative analysis of a new type of collective anti-corruption initiatives. The author describes how companies can take responsibility in the fight against corruption and which six success factors play an important role in this difficult endeavor. Despite great international efforts throughout the last two decades, corruption has not significantly decreased on a global level. In light of globalization, private actors increasingly cooperate in the fight against corruption in the context of sector-specific coordinated governance initiatives.
Business Case for Anticorruption in India: Principles, Economics and Application of Transparency Tools
This is the third and final publication of Global Compact Network India's Collective Action Project. In it, UNGC companies and business entities share practical experiences as to how they have been investing in getting their processes and procedures in order, so that businesses could be free of corruption, ensuring transparency in their supply chains and procurement mechanism.
All the major financial centres have experienced a rise in anti-money laundering rules and regulations. Initially, anti-money laundering laws were used as a weapon in the war on drugs, whilst more recently they have been deployed in the ongoing fight against terrorism. These developments, the authors reveal, have had serious consequences for banks and other financial institutions – affecting not only profit margins but also the way in which business is conducted.
Revisit the furtive corporate backroom dealings of bribery and corruption in this third collection of works by investigative journalists, former prosecutors and bribery experts from around the world. Behind the newspaper headlines and government investigations, these are the true to life stories of what leads people down bribery's crooked path. Explore the unscrupulous lengths to which some will go in order to win business, from setting up shady offshore front companies in the Caribbean to bogus charities in Eurasia.
We are delighted that a tailored High Level Reporting Mechanism will be established for the construction of the first line of the Bogotá Metro. The HRLM will allow complaints related to possible acts of corruption to be analysed rapidly and dealt with pragmatically and transparently.
Norm diffusion and reputation: The rise of the extractive industries transparency initiative
Transparency in the extractives sector is widely seen as a key tool for improving accountability and deterring corruption. Yet for those very reasons, it is a puzzle that so many governments in corruption-prone countries have voluntarily signed up to greater scrutiny in this area, by joining the Extractive Industries Transparency Initiative (EITI).
Collective action initiatives in which governments and companies make anti-corruption commitments have proliferated in recent years.
This apparently prosocial behavior defies the logic of collective action and, given that bribery often goes undetected and unpunished, is not easily explained by principal-agent theory. Club theory suggests that the answer lies in the institutional design of anti-corruption clubs: collective action can work as long as membership has high entry costs, members receive selective benefits, and compliance is adequately policed.
This guide provides a basic introduction for government of officials, civil society groups and the private sector on eliminating corruption risks in public procurement. It is intended to inform and guide participants in public procurement, as well as civil society groups, on what can be done to strengthen the procurement process against corruption and its damaging effects.
A New Role for Citizens in Public Procurement
Public procurement is a place where governments and companies used to be alone, and where citizens are increasingly present. Examining the rules under which governments acquire goods and services is fundamental to determine how transparent and competitive governments are when purchasing with taxpayer money. Transparent procurement increases social and consumer welfare, it ensures sound national and local government budgeting, stimulates an economy based on innovation, and strengthens democratic governance