Anti-corruption in East Asia

Author: Avi
Publisher:
Publish Date: 2004-06-01
Features: Recent corporate scandals have increased public attention on the importance of public sector initiatives and corporate sound internal policies in the fight against fraud and corruption. Decision-makers, international organizations, and specialized groups agree that these anti-corruption measures are a key component of supply-side anti-corruption packages. Anti-fraud and anti-corruption programs based on companies rely on adopting ethical standards and enforcing compliance systems. This approach was first developed in the United States in the 1970s, including corporate codes of conduct, training programs, and decision-making and reporting mechanisms. This book examines the use of such programs in East Asia and the Pacific region and other areas. It illustrates the incentives of legal enforcement or risk management, as well as how such measures encourage an increasing number of companies to adopt compliance models. Based on research conducted by the World Bank and the World Business Council for Sustainable Development, the book narrates the efforts of Western and Asian companies in East Asia to establish sound business behavior standards in their operations. Case studies are drawn from a wide range of corporate backgrounds, providing concrete examples of best practices in program development, implementation, and effectiveness. The book also offers examples of disseminating these practices, emphasizing the importance of building business partnerships between the public sector and civil society organizations. This book serves as an important guide for companies, policymakers, academic institutions, and non-governmental organizations, and will be of interest to all those who wish to improve business behavior standards in developing countries.