Business ethics Archives - Accountability Lab

Can corruption act as a barrier to entry in the private sector?

By: Talib uz Zaman, CIPE Pakistan Programme Officer, and Accountability Lab Pakistan Accountapreneur “Power doesn’t corrupt people, people corrupt power” - William Gaddis Corruption, defined as exploitation of entrusted power for private benefit is, unfortunately, prevalent in Pakistan. It can take many forms, including bribery, graft, theft and extortion. In the corporate sector, its presence reduces business credibility when professionals misuse their positions for personal gain. Corruption has not only been identified as one of the most significant constraints to private sector development but is also becoming a leading problem for people all around the world. Engagement in corruption depends [...]

What’s the Best Way to Encourage Business Integrity?

By: Blair Glencorse, Executive Director of Accountability Lab. This blog post was originally published by GE Reports. To achieve accountability, businesses need to foster a culture of integrity. In recent years, significant efforts have been made to create global rules to prevent businesses from taking part in corruption, from the US Foreign Corrupt Practices Act and the UK’s Bribery Act to the UN Convention Against Corruption. This is continuing to gain interest among policy makers, including the G8 and G20, while additional frameworks are being put in place to prevent tax evasion and related activities through which corporate interests can undermine the public [...]