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2. MANAGEMENT 104
CHAPER 6
Corporation Governance and
Anti – Corruption in Global Business
Presented By:
Mae Casumpang
Aizell Bernal
Magiel Amor
Mara Marielle Banez
Jerelyn Barrogo
Jeselyn Barrogo
Jasmin Khaye Aquino

3. Coverage of Chapter 5
I. 6.5 Corporate Governance and Anti- Corruption – mae
II. 6.2 Corruption Practices and Properties- Aizel
III. 6.3 Taxonomy of Corruption in International Business. – Magiel
IV. 6.4 Corruption and Organizational Environment – Khaye
V. 6.4.1 Task Environment - khaye
VI. 6.4.2 Institutional Environment – khaye
VII. 6.5 Corruption and Organizational Behavior- jerz
VIII. 6.5.1 System Malfeasance – jerz
IX. 6.52 Procedural Malfeasance –jerz
X. 6.5.3 Categoral Malfeasance- jerz
XI. 6.5.4 Structural malfeasance- jerz
XII. 6.6 Corruption and Organizational Consequences- Mara
XIII. 6.6.1 Evolutionary hazard – mara
XIV. 6.6.2 Strategic impediment – mana
XV. 6.6.3 Competitive disadvantage – mara
XVI. 6.6.4 Organizational Defficiiency- mara
XVII.

4. Coverage of Chapter 5
I. 6.5.4 Structural malfeasance- jerz
II. 6.6 Corruption and Organizational Consequences- Mara
III. 6.6.1 Evolutionary hazard – mara
IV. 6.6.2 Strategic impediment – mana
V. 6.6.3 Competitive disadvantage – mara
VI. 6.6.4 Organizational Defficiiency- mara
VII. 6.7 Corruption and Organizational Architecture – jes
VIII. 6.7.1 Corporate Culture
IX. 6.7.2 Organizational Structure
X. 6.7.3 Compliance System
XI. 6.7.3.1 Conduct Code
XII. 6.7.3.2 Compliance Program

5. 6.1 The Corporate Governance and Anti- Corruption
Corruption
• has drawn the enormous attention of executives, directors, legislators,
politicians, and scholars around the world.
• Recent obstacles of many well known companies.
Anti- corruption
• Crucial to corporate governance, because bribery and corruption
damage the
Governance of corporation .
• Impede efforts to develop corporate integrity.
• any illicit behavior, conducted by executives, managers, and employees
can
fundamentally deter the legitimate and long term interest of internal and
external stake holders.

6. 6.1 The Corporate Governance and Anti- Corruption
In the international business context, anti- corruption becomes even more
important
To global corporate governance because MNCs confront significantly varying
norms, laws, and standards pertaining to business practices in general and
corruption practices in particular.
 To cope increasingly stringent anti- corruption law and to enhance the
effectiveness and transparency of global corporate governance, MNCs are
voluntarily disclosing potential violations of federal anti – corruption law.

7. 6.1 The Corporate Governance and Anti- Corruption
 Surely it is true that the Anti – corruption necessities efforts and commitments
from various institution, especially legislators, regulators and government official.
Transparency – the key in private and public domain to fight against bribery and
extortion.
 Cooperation to strengthen public support to fight against Anti-corruption measures.
 Adoption of proper Corporate Governance practices is complimentary element in
Fostering a culture of ethics within the multinational enterprise.

8. 6.1 The Corporate Governance and Anti- Corruption
Business organization has an inescapable liability from such effort and
commitments :
I. Organization is a basic unit of corruption practice.
II. Organization that are motivated to bribe for transaction- specific gain are
partly responsible why corruption is difficult to eradicate.
III. Organization is a window through which to see Nation corruption climate.
IV. Knowing organizational implication of corruption is imperative.

9. 6.1 The Corporate Governance and Anti- Corruption
 Anti- corruption is critical to corporate accountability. The
foreign Corrupt practices Act ( FCPA) – clearly states the
importance of Anti- corruption in fortifying MNCs global
corporate governance and accountability.

10. 6.2 Corruption Practices and Properties
Corruption is a complex and multifaceted phenomenon with multiple causes and
effects, occurring as it takes on various forms and functions in differing context.
Corruption define as an illegitimate exchange of resources involving the use or
abuse of public or collective responsibility for private ends ( gains, benefits,
profits, or privileges).
In narrow sense corruption involves a bureaucratic behavior that deviates from
the norm or violates rules specified by the given context and is motivated by
private gains that can be accrued from the public role.
Kinds of Corruption
 bribery, fraud, extortion, favoritism

11. 6.2 Corruption Practices and Properties
Bribery include:
1. Kickbacks
2. Red envelopes
3. gratuities
4. Baksheesh
5. grease money
6. Facilitation payment
7. Expediting fees
Fraud Includes:
• Trickery
• swindle
• Deceit
Extortion involve corrupt transactions where money or other resources are
violently extracted by those who have the power to do so.

12. 6.2 Corruption Practices and Properties
Nature of Corruption:
1. Corruption is context- based.
2. Corruption is norm- deviated.
3. Corruption is Power- related.
4. Corruption is virtually convert.
5. Corruption is International.
6. Corruption is ex post opportunistic.
7. corruption is perceptual

13. 6.3 Taxonomy of Corruption in International Business