Sullivan, John D.2016-03-312016-03-312009-02-15https://hdl.handle.net/10986/23980This publication targets private sector stakeholders who want to reduce a company s risk and vulnerability to corruption. It aims to provide guidance and recommendations for integrating ethics programs into corporate governance mechanisms to safeguard against corruption. Anti-corruption attitudes have changed significantly over the past two decades. Corruption is no longer regarded as a subject to be avoided and is now widely condemned for its damaging effect on countries, industries, governments, and the livelihoods of individual citizens. More importantly, the view of the private sector in the corruption equation is changing. Companies are no longer viewed only as facilitators of corruption - they are increasingly recognized as victims and a valuable source of working solutions, and anti-corruption efforts seen as integral to good corporate governance, Predictable, competitive, and fair economic environments free of corruption are central to sustainable business, economic growth and national development. It has been an easier task to raise this awareness than to reduce the corrosive effects of corruption, especially its worst manifestation of state capture. And though the challenge defies simple solutions, significant progress is being made. Today we have in place numerous international conventions and global collective action initiatives that set higher standards of transparency and accountability in corporate and public governance. More importantly, such standards are buttressed by a growing convergence of ethical values that set the tone for 'doing the right thing' in both the public and private sectors.en-USCC BY-NC-ND 3.0 IGOABUSEABUSESACCOUNTABILITYACCOUNTINGANTI-BRIBERYANTI-CORRUPTIONANTI-CORRUPTION ACTIONSANTICORRUPTIONANTICORRUPTION STRATEGYASSETSAUDITORSAUTHORITYBANKSBEST PRACTICEBEST PRACTICESBIDDINGBOARD MEMBERBOARD MEMBERSBOARD RESOLUTIONBOARDS OF DIRECTORSBPIBRIBEBRIBE PAYERSBRIBE PAYERS INDEXBRIBERY CONVENTIONBRIBERY OF FOREIGN PUBLIC OFFICIALSBRIBESBUSINESS ASSOCIATIONSBUSINESS CLIMATEBUSINESS COMMUNITYBUSINESS ENVIRONMENTBUSINESS ETHICSBUSINESS OPERATIONSBUSINESS ORGANIZATIONSBUSINESS STRATEGYBUSINESS TRANSACTIONSCEOSCHAMBER OF COMMERCECITIZENSCITIZENSHIPCIVIL SOCIETYCO-OPERATIVESCOALITIONSCODES OF CONDUCTCOLLAPSESCOLLECTIVECOLLECTIVE ACTIONCOMBATING BRIBERYCOMMERCIAL TRANSACTIONSCOMPANYCONFIDENCECONFLICTS OF INTERESTCONSENSUSCONTROLLING CORRUPTIONCORPORATE BEHAVIORCORPORATE CITIZENSHIPCORPORATE CODESCORPORATE COLLAPSESCORPORATE ETHICSCORPORATE GOVERNANCECORPORATE GOVERNANCE CODESCORPORATE GOVERNANCE LAWCORPORATE GOVERNANCE MECHANISMSCORPORATE GOVERNANCE PRINCIPLESCORPORATE GOVERNANCE STANDARDSCORPORATE LAWCORPORATE OPPORTUNITIESCORPORATE SCANDALSCORPORATE SECTORCORPORATE SOCIAL RESPONSIBILITYCORPORATE STAKEHOLDERSCORPORATIONCORPORATIONSCORRUPTCORRUPT PRACTICESCORRUPTION ACTSCORRUPTION COSTSCORRUPTION PERCEPTIONCORRUPTION PERCEPTION INDEXCORRUPTION PERCEPTIONSCORRUPTION PERCEPTIONS INDEXCPICRIMINALCRIMINAL SANCTIONSDECISION MAKINGDECISION-MAKINGDEMOCRACIESDEMOCRACYDEMOCRATIC DEVELOPMENTDEMOCRATIC GOVERNANCEDEMOCRATIC INSTITUTIONSDISCLOSUREDISCRETIONDISCRIMINATIONDOMESTIC INVESTORSDUE CAREDUE DILIGENCEECONOMIC GROWTHEDUCATIONAL INSTITUTIONSEMBEZZLEMENTETHICAL BEHAVIORETHICAL CODEETHICAL STANDARDSETHICSEXTORTIONFEDERAL SENTENCING COMMISSIONFIDUCIARY DUTIESFIGHT AGAINST CORRUPTIONFIGHTING CORRUPTIONFINANCIAL BENEFITSFINANCIAL CRISISFINANCIAL PERFORMANCEFOREIGN CORRUPT PRACTICESFOREIGN CORRUPT PRACTICES ACTFRAUDFREEDOM OF INFORMATIONGLOBAL CORPORATE GOVERNANCEGOOD CORPORATE GOVERNANCEGOOD GOVERNANCEGOVERNANCE DIMENSIONSGOVERNANCE GUIDELINEGOVERNANCE GUIDELINESGOVERNANCE SYSTEMSGOVERNMENT INTERVENTIONGOVERNMENT OFFICIALSGOVERNMENT REVENUESHUMAN RIGHTSIMPROVING GOVERNANCEINCOMEINDEPENDENT OVERSIGHTINDIVIDUAL COMPANYINDIVIDUALSINFORMAL SECTORINITIATIVEINSIDER TRADINGINSTITUTIONAL CAPACITYINSTITUTIONAL FRAMEWORKINSTITUTIONAL INVESTORSINSTITUTIONALIZED CORRUPTIONINTEGRITYINTERNATIONAL BUSINESSINTERNATIONAL BUSINESS TRANSACTIONSINVESTIGATIONJUDICIARYJUSTICEKICKBACKSLARGE COMPANYLAWYERSLEADERSHIPLEGAL FRAMEWORKLEGAL REQUIREMENTSLEGAL SYSTEMLEGISLATIONLEGITIMACYLIABILITYLIMITEDLOBBYINGMANAGERSMARKET ECONOMIESMARKET ECONOMYMEDIAMINISTERMONEY LAUNDERINGMULTINATIONALNATIONAL DEVELOPMENTNATIONAL ECONOMYNATIONAL LAWNATIONAL LAWSNATIONSNONGOVERNMENTAL ORGANIZATIONSPARTNERSHIPPER CAPITA INCOMEPERSONAL GAINPERSONSPOLITICAL DEVELOPMENTPOOR GOVERNANCEPRIME MINISTERPRIVATE ENTERPRISEPRIVATE GAINPRIVATE SECTOR DEVELOPMENTPRIVATE SECTOR GROWTHPROCUREMENTPROCUREMENT LAWSPROFESSIONAL ETHICSPROPERTY RIGHTSPROSECUTIONPROXYPUBLIC OPINIONREGULATORY FRAMEWORKREGULATORY REQUIREMENTSREMEDYRULE OF LAWRULES OF CONDUCTSAFE HAVENSSANCTIONSSCANDALSCANDALSSENTENCING GUIDELINESSHAREHOLDERSHAREHOLDER VALUESHAREHOLDERSSMALL BUSINESSSMALL BUSINESSESSOCIETIESSTAKEHOLDERSTAKEHOLDERSSTOCK EXCHANGESUBSIDIARYSYSTEMIC CORRUPTIONTELEVISIONTRANSITION ECONOMIESTRANSPARENCYVESTED INTERESTSWHISTLE BLOWINGWHOLE COMPANYWORLDWIDE GOVERNANCE INDICATORSYOUTHThe Moral Compass of CompaniesLa boussole morale des entreprises : l'éthique des affaires et la gouvernance d'entreprise comme outils de lutte contre la corruptionWorking PaperInternational Finance CorporationBusiness Ethics and Corporate Governance as Anti-Corruption Tools10.1596/23980