The United Nations Convention Against Corruption and its Impact on International Companies
AbstractCorruption is a serious economic, social, political and moral blight, especially in many emerging countries. It is a problem that affects companies in particular, especially in international commerce, finance and technology transfer. And it is becoming an international phenomenon in scope, substance and consequences. That is why, in recent years, there has been a proliferation of international efforts to tackle the problem of corruption. One such international cooperative initiative is the United Nations Convention against Corruption, signed in 2003, which came into force in December 2005. This is the first truly global instrument to prevent and combat corruption, built on a broad international consensus. The purpose of this article is to explain the origin and content of the Convention, what it adds to existing international instruments for combating corruption, and its strengths and weaknesses, mainly from the point of view of companies.
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Bibliographic InfoArticle provided by Springer in its journal Journal of Business Ethics.
Volume (Year): 74 (2007)
Issue (Month): 4 (September)
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Web page: http://www.springerlink.com/link.asp?id=100281
bribery; convention against corruption; corruption; extortion; international business; United Nations;
Other versions of this item:
- Argandoña, Antonio, 2006. "The United Nations convention against corruption and its impact on international companies," IESE Research Papers D/656, IESE Business School, revised 12 Oct 2006.
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