Corruption(A) - Peregoy BUS 4490 Case Study Corruption in...

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Peregoy BUS 4490 January 30, 2008 Case Study: Corruption in International Business (A) This case study presents corruption from two prominent aspects: first, from a consideration of ethics, and secondly, through an understanding of international business. While corruption clearly involves “rule-breaking” at some level, theorists argue both sides of its ethicality. Some view corruption as part of the balance between the winners and losers of the economic game, allowing the disadvantaged a Plan B to regain a foothold, or allowing the advantaged to maintain their status—whether either party is entitled to the “benefits” of corruption is contingent upon what they wish to accomplish. Others see corruption simply as immoral exploitation. In regards to international business, the poorer third world countries are most prone to corrupt activity in their governmental and economic systems. There have been two approaches discussed in the relevant readings in regards to handling corruption, both beginning at either extremes of business.
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