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The Management of the Corruption Phenomenon and its Approaches

Author

Listed:
  • Ghibanu Ionuț Adrian
  • Ștefan Maria Cristina
  • Andreiana Violeta Andreea
  • Stoica Georgiana

    (“Valahia” University of Targoviste, Romania)

Abstract

Corruption is one of the plagues of the modern world that is characteristic especially of the economic, administrative, and political areas. The history of civilization shows us that this phenomenon has existed in the world since the beginning. Still, depending on the era and the measures taken against it, it was more or less developed. From an economic perspective, it is considered to be particularly harmful because it constitutes an obstacle to the healthy, prosperous, and fair development of a nation. In our era, the phenomenon of globalization has acquired very strong valences, unfortunately, and corruption has acquired an impressive development, ripping the fruits of global deepening, especially now that we are also talking about corruption manifested across borders when it affects or is promoted by multinational companies. Of course, the phenomenon of corruption cannot be completely eradicated and there is no country in the world that can boast of such a performance, but firm measures are needed to limit and stop it.

Suggested Citation

  • Ghibanu Ionuț Adrian & Ștefan Maria Cristina & Andreiana Violeta Andreea & Stoica Georgiana, 2022. "The Management of the Corruption Phenomenon and its Approaches," Valahian Journal of Economic Studies, Sciendo, vol. 13(2), pages 67-76, October.
  • Handle: RePEc:vrs:vaecst:v:13:y:2022:i:2:p:67-76:n:2
    DOI: 10.2478/vjes-2022-0016
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    More about this item

    Keywords

    corruption; business; economics; globalization; management; economy;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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