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Business Corruption, CSR: Is It All Question of Integrity?

In: Corporate Governance, Organizational Ethics, and Prevention Strategies Against Financial Crime

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  • Indira Carr

    (Surrey Business School, University of Surrey)

Abstract

Since the 1990s, business corruption is a topic that has been discussed widely. Its emergence in modern times as an important issue can be traced to the 1970s and the US Watergate scandal. Whilst we had a raft of legislation during the 1990s from regional and international law-making institutions such as the OECD, the African Union and the United Nations, business corruption remains a major issue of concern due to difficulties surrounding the enforcement of anti-corruption laws. Against this background, this chapter considers whether self-regulation in the form of Corporate Social Responsibility (CSR) is a better tool to tackle business corruption. Or is it, lacking enforceability, a creature without teeth, and therefore incapable of bringing about a sea change in business attitude towards business corruption? Should we instead focus more on ethics and integrity to find a feasible solution to tackle corruption in the business sector? This chapter argues that the anti-corruption narrative needs to move beyond regulation and self-regulation to bring about meaningful change in tackling business corruption.

Suggested Citation

  • Indira Carr, 2025. "Business Corruption, CSR: Is It All Question of Integrity?," CSR, Sustainability, Ethics & Governance, in: Hyacinthe Yirlier Somé & Narjess Boubakri & Omrane Guedhami (ed.), Corporate Governance, Organizational Ethics, and Prevention Strategies Against Financial Crime, pages 285-300, Springer.
    • Handle: RePEc:spr:csrchp:978-3-031-74523-2_13
    DOI: 10.1007/978-3-031-74523-2_13
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