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 InfoPaper provided by IESE Business School in its series IESE Research Papers with number D/656.
Length: 22 pages
Date of creation: 06 Oct 2006
Date of revision: 12 Oct 2006
Bribery; Convention against corruption; Corruption; Extortion; International business; United Nations;
Other versions of this item:
- Antonio ArgandoÃ±a, 2007. "The United Nations Convention Against Corruption and its Impact on International Companies," Journal of Business Ethics, Springer, vol. 74(4), pages 481-496, September.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kimberly Ann Elliott, 1997. "Corruption and the Global Economy," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 12.
- Bryane Michael, 2004. "What Does the UN Convention on Corruption Teach Us About International Regulatory Harmonisation?," Macroeconomics 0406004, EconWPA.
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- Jennifer Chandler & John Graham, 2010. "Relationship-Oriented Cultures, Corruption, and International Marketing Success," Journal of Business Ethics, Springer, vol. 92(2), pages 251-267, March.
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