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A sustainable governance model to prevent corporate corruption: Integrating anticorruption practices, corporate strategy and business processes

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  • Andrea Cardoni
  • Evgeniia Kiseleva
  • Rosa Lombardi

Abstract

Our paper investigates the integration of anticorruption practices, corporate strategy and business processes of contemporary organisations to provide a new and emerging sustainable governance model. Using the single case study approach to answer our research question, we provide novel evidence from the analysis of the Italian manufacturing company Acciai Speciali Terni Spa. Our case study interprets a consolidated entrepreneurial experience, constructing an integrated meta‐management framework of anticorruption practices. Enriching existing literature, we have adopted the frameworks by Asif et al., (2010) and Asif et al., (2011) to test results and obtain general perspectives and practical implications for organisations, regulators and governments, proposing a sustainable governance model to prevent corruption and bribery.

Suggested Citation

  • Andrea Cardoni & Evgeniia Kiseleva & Rosa Lombardi, 2020. "A sustainable governance model to prevent corporate corruption: Integrating anticorruption practices, corporate strategy and business processes," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1173-1185, March.
    • Handle: RePEc:bla:bstrat:v:29:y:2020:i:3:p:1173-1185
    DOI: 10.1002/bse.2424
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    2. Stephen N. Hamilton & Richard D. Waters, 2022. "Mainstreaming Standardized Sustainability Reporting: Comparing Fortune 50 Corporations’ and U.S. News & World Report’s Top 50 Global Universities’ Sustainability Reports," Sustainability, MDPI, vol. 14(6), pages 1-17, March.
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    5. Alice Medioli & Pier Luigi Marchini & Tatiana Mazza, 2024. "The impact of corruption and public governance quality on family firm business strategy," Business Strategy and the Environment, Wiley Blackwell, vol. 33(1), pages 55-69, January.
    6. Alexander Guerrero-Avendaño & Wilson Nieto Bernal & Carmenza Luna Amaya, 2023. "Governance and Corporate Management System Supported by Innovation, Technology, and Digital Transformation as a Driver of Change," Sustainability, MDPI, vol. 15(17), pages 1-18, September.
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    8. Wang, Shengbin & Zheng, Jiafeng & Tu, Yongqian, 2023. "The Communist Party of China embedded in corporate governance and enterprise value: Evidence from state-owned enterprises," Finance Research Letters, Elsevier, vol. 54(C).
    9. Valentino, Alfredo & Mayrhofer, Ulrike & Caroli, Matteo, 2022. "Internal and external drivers of anticorruption policies in multinationals," International Business Review, Elsevier, vol. 31(6).
    10. Sara De Masi & Agnieszka Słomka‐Gołębiowska & Claudio Becagli & Andrea Paci, 2021. "Toward sustainable corporate behavior: The effect of the critical mass of female directors on environmental, social, and governance disclosure," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 1865-1878, May.
    11. Rosa Lombardi & Raffaele Trequattrini, 2020. "Corporate corruption, business strategy, and sustainable environment: Inferno and paradise!," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1619-1620, March.
    12. Hunjra, Ahmed Imran & Azam, Muhammad & Bruna, Maria Giuseppina & Bouri, Elie, 2023. "A cross-regional investigation of institutional quality and sustainable development," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 84(C).
    13. Zhong Ma & Guang Shu & Qi Wang & Longfeng Wang, 2022. "Sustainable Governance and Green Innovation: A Perspective from Gender Diversity in China’s Listed Companies," Sustainability, MDPI, vol. 14(11), pages 1-22, May.

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