“increasing frequency and visibility of corruption in both business and politics” (Shafiq, 2014, p.136). Shafiq (2014) analyzes the changes in India, assessing that their ability toincrease their economic stability might have resulted from moral change. Prior to this change, Shafiq (2014) noted that bribery was an accepted policy of from all facets of life– from the public to government officials. Tolerance for bribery allows for a form of acceptance, but also limits the effectiveness of businesses to provide goods and services (Shafiq, 2014). Bribery affects a society to a point where it can significantly delay economic progress, particularly in the global economy and its effect of a “hyper competitive environment” that can foster “greed, power, and corruption” (Fischer, n.d.). The acceptance and prevalence of bribery comes down to an individual’s morals and values. However, this is also subjective to what can be accepted by society
(Banerjee, 2016). Continuing to use India, if society is accepting of bribery, then how can an individual make an impact to follow on a strict moral code of limiting bribery for the greater good of society to prosper. An individual can change behavior based on what is socially acceptable but changing society’s rules from an individual level is harder. ReferencesBanerjee, R. (2016). On the interpretation of bribery in a laboratory corruption game: Moral frames and social norms. Experimental Economics, 19(1), 240-267. . Fischer, K. (n.d.). Global and Big BusinessShafiq, M. (2014). Aspects of moral change in India, 1900-2006: evidence from public attitudes towards tax evasion and bribery. World Development, 68, p.136-148. doi: .
You've reached the end of your free preview.
Want to read all 7 pages?
- Summer '14
- Corporate social responsibility, United States Department, Melanie Cole