Jean-François Arvis, Ronald E. Berenbeim. Fighting Corruption in East Asia: Solutions from the Private Sector

Research. - the US: Washington, D.C.; the IBRD/The World Bank, 2003. - 237 p.Recent corporate scandals highlight the importance of both public sector initiatives and sound internal company policies in the fight against fraud and corruption. Policymakers, international organizations, and advocacy groups all agree these supply-side anti-corruption efforts are a critical component of the anti-corruption tool kit. This book, based on research conducted by the World Bank and the Conference Board, describes the efforts of Western and Asian companies to develop good standards of business conduct in their East Asian operations. Case studies from a wide range of corporate settings offer concrete examples of best practices in program creation, implementation, and effectiveness. The book also provides examples of dissemination of those practices that underscore the importance of business partnerships with the public sector and civil society organizations. An essential guidebook for companies, policymakers, academics, and nongovernmental organizations, this book will be of interest to anyone seeking improved business conduct standards in developing countries.Foreword
Abbreviations
Executive Summary
Part ICorruption: The Firm’s Perspective
Types of Corruption
Channels of Corruption
Corruption Is Bad for Business
Determinants of Vulnerability
Bribery in International Transactions
The Spread of Corporate Compliance Programs
Legal Framework
Internal Incentives
Compliance Programs in Practice
Building a Culture of Compliance
Components of an Effective Program
Implementation Issues.
Application to Business Partners
Are Compliance Programs Working?
The Environment for Compliance Programs
Proper Internal Controls
Corporate Governance.
Business Culture and the Example of Guanxi
Building Knowledge and Resources for Better Business Ethics: Current Initiatives
Raising Awareness about Ethics and Corporate Responsibility
Dissemination of Good Practices within the Private Sector
Integrated Efforts with the Public Sector
The Case for Standards
Potential for Increased Regional Cooperation
The Current Agenda
Part II Case studies
Business Ethics Programs and Antibribery
Initiatives of Japanese Companies: Changes in Legislation and Corporate Efforts
Social and Institutional Influences
Actions by Companies
Antibribery Provisions: The Unfair Competition
Prevention Law.
Antibribery Initiatives by Japanese Companies
Unresolved Issues
Looking Ahead
AppendixesNotes