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Corruption and Integrity

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According to Wikipedia, "Integrity is consistency of actions, vlues, mthods, masures and principles" (Wikipedia, 2008). Terefore if we put these two definitions together, w are looking for those countries who have a high standard of ethics when they are doing business and who consistently work with everyone in an equal way. W are also looking for those countries who willingly take bribes for any reason. Oe other note is that the concept of corruption is basically a global perception of a particular countrys business dealings based on their the world.

Tis is important because perceptions have a tendency to be subjective and difficult to trace. I Pakistan corruption seems to be a way of life in business according to the Business Corruption Portal (n. ) and it makes problems for people doing business in this country. Ayone who does business here whether they are in meetings with public officials or business meetings, pople doing business will be confronted with bribes. Acording to this report 40% of all businesses in Pakistan say that bribes are a major concern are attempting to do business.

Aso, bsinesses who report bribery state that it is the "3rd most problematic factor for doing business in the country" (Business Corruption Portal, "akistan") and it is possibly due to "a poor infrastructure and inefficient government bureaucracy. "(Business Corruption Portal, "akistan"). Mst of the corruption comes from the police, te power sector and tax authorities. Tese three entities will demand that the business give bribes for regular services and the police are prone to "give out bogus fines. "Companies that import-export here susceptible "corruption in tax and customs" (Business Corruption Portal, "akistan" ).

I fact, freign investors have to find local agents within the country to act on their behalf to get through the bureaucracy of the country. Te challenge is that investors are also liable for the money that their agents give in bribes, s anyone doing business in this country is advised to do a due diligence study before they commit funds. Mxico represents a well developed infrastructure in their county that attracts foreign investment. Te former president, Fox pursued of the free market by "liberal regulatory regime and political commitment to improve the. ..

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preview essay on Corruption and Integrity
  • Pages: 8 (2000 words)
  • Document Type: Essay
  • Subject: Unsorted
  • Level: Undergraduate
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