scholarly journals BUSINESS ETHICS. CORRUPTION PERCEPTION ANALYSIS

2021 ◽  
Vol 14(63) (2) ◽  
pp. 161-170
Author(s):  
Alexandra Zamfirache ◽  
Keyword(s):  
Business Ethics ◽  
High Price ◽  
Transparency International ◽  
Goods And Services ◽  
The Poor ◽  
The World ◽  
Annual Index ◽  
Corruption Perception ◽  
Perception Analysis ◽  
Very High

This paper examines corruption from the perspective of business ethics. It is known that corruption negatively affects the development of countries in several ways: it reduces growth, chases away foreign investors and channels investments, loans and aid funds, the so-called White Elephant Projects. Corruption has a very high price for the poorest, who are denied access to basic goods and services, and this paper shows that the poor suffer the most from corruption. Based on the annual index provided by Transparency International, it can be observed that, in general, some of the richest countries in the world (like: Finland, Denmark, New Zealand, Canada, Iceland, Singapore and Sweden) consistently record a low level of corruption.

scholarly journals Control Combating Corruption: A Governance Model from Indonesians' Perspective

2019 ◽  
Vol 54 (5) ◽  
Author(s):  
Ali Muktiyanto ◽  
Rini Dwiyani ◽  
Noorina Hartati ◽  
Halim Dedy Perdana ◽  
Bayu Taufiq Possumah
Keyword(s):  
Agency Theory ◽  
Good Governance ◽  
Data Governance ◽  
Transparency International ◽  
Governance Model ◽  
The World ◽  
Corruption Perception ◽  
Political Conditions ◽  
Using Data ◽  
Inference Tests

The purpose of this study is to propose an appropriate governance model to deal with corruption. This study reveals the indicators, from where and how corruption will be resisted. By using data governance and corruption control as well as the corruption perception index from WGI and TII in 2008-2018, this study proposed a quantitative approach to strengthen the results of the inference tests of the effect of good governance on the potential for corruption, confirming and expanding on work carried out with critical informants by Transparency International Indonesia (TII). The study found that, from the perspective of agency theory, the influence of governance on corruption has been proved, both in the context of the world and Indonesia. Good governance will make the trustee (agent) not arbitrarily follow their wishes through corruption to enrich themselves or other parties, but instead follow the mandate given by the principal (community). This study also shows, in the world context, that by adherence to ethical rules being followed by effective government, in stable political conditions, and public voices being heard, corruption can be eradicated. In the context of Indonesia, to suppress criminal acts of corruption, stable political conditions and guarantees for public votes must be done first, then effective government and compliance with regulations can follow.

An Economic View of Corruption

1998 ◽  
Vol 9 (2) ◽  
pp. 145-161 ◽  
Author(s):  
Ian Senior
Keyword(s):  
World Bank ◽  
Comparative Research ◽  
Empirical Studies ◽  
Economic Issue ◽  
Goods And Services ◽  
Price Signals ◽  
The World Bank ◽  
Economic View ◽  
The World ◽  
Corruption Perception

Corruption is an economic issue that relates to micro transactions and to economies. An economic definition is suggested that separates corruption from crime in general and theft in particular. Different definitions of corruption produce different results and some of these are discussed, particularly that of the World Bank. Corruption is seen as a different way of attempting to gain economic rents. Attitudes towards corruption are found to differ in various countries. Corruption is shown to distort markets because they do not clear on the basis of transparent price signals, and purchasers pay more for goods and services than necessary. Empirical studies show that corrupt economies as a whole also suffer through lower investment and welfare loss. Comparative research has produced a corruption perception index covering 52 countries. Some practical measures to combat corruption are reviewed and it is concluded that cures for corruption, like a virus or cancer, can be found.

scholarly journals Corruption perceptions index and economic development of the country

2019 ◽  
Vol 1 (1) ◽  
pp. 115-122
Author(s):  
Liviu-Stelian Begu ◽  
Simona-Andreea Apostu ◽  
Andreea-Oana Enache
Keyword(s):  
Economic Development ◽  
Civil Society ◽  
Unemployment Rate ◽  
Global Civil Society ◽  
Economic Situation ◽  
Corruption Perception Index ◽  
Transparency International ◽  
The World ◽  
Corruption Perception ◽  
Educational Factors

Abstract The phenomenon of corruption is known all over the world, and its intensity varies according to economic, behavioral and educational factors. Transparency International is a global civil society that carries out regular opinion surveys and publishes the perceptions of corruption in countries around the world. This index identifies the level of corruption perceived in the world and contributes achieving a ranking of countries in this regard. The corruption perception index should be correlated with economic situation of a country. The economic situation of a country can be reflected by GDP and unemployment rate. The purpose of this study is to determine whether the index of corruption is influenced by the economic situation of a country, so the study analyses the corruption perception index, GDP and unemployment rate, establishing whether there is a link between them.

Aid, Growth, and Jobs: A Five-Part Policy Framework

2018 ◽  
pp. 25-32
Author(s):  
Gary S. Fields
Keyword(s):  
Labor Market ◽  
Poverty Reduction ◽  
Policy Framework ◽  
Policy Options ◽  
Goods And Services ◽  
The Core ◽  
Policy Interventions ◽  
The Poor ◽  
The World ◽  
Development Objectives

Various development objectives are worthy, but one objective merits special attention: reducing the scourge of absolute economic misery in the world. This study focuses on an important but relatively underemphasized approach to poverty reduction: helping the poor earn more in the labor market for the work they do, so that they can buy the goods and services they need to move up out of poverty. The core of the study is divided into three sections: defining the global poverty challenge and the world’s employment problem, presenting policy options for improving employment outcomes for the poor, and suggesting ways of choosing which policy interventions are most promising for poverty reduction.

scholarly journals ESTABLISHING REGIONAL ANTI-FRAUD OFFICE TO TACKLE FINANCIAL CRIME IN ASEAN

2017 ◽  
Vol 2 (1) ◽  
pp. 73
Author(s):  
Reza Haidar Kamal
Keyword(s):  
European Union ◽  
International Cooperation ◽  
Member Country ◽  
Regional Level ◽  
Financial Crime ◽  
Corruption Perception Index ◽  
Transparency International ◽  
Asean Member ◽  
The World ◽  
Corruption Perception

Corruption is still becoming hot issue around the world. Each country has its own way to combat corruption starting from the scope of national, regional to international cooperation to fight against this issue. Indonesia also has several strategies to eradicate corruption which are getting better from time to time. According to Transparency International (TI), as a member of regional organization, ASEAN, Indonesia is still ranked fourth,in Corruption Perception Index (CPI),out of tenmember countries. But the rank-range of ASEAN member countries is too far from one country to another, unlike European Union. Three member countries of European Union stand are on the top three of 168 countries. Besides having anti-corruption institution in each member country, European Union also has anti-fraud office, called OLAF, to tackle financial crime at regional level. Therefore, it is necessary for ASEAN to establish an institution that aims to combat corruption at regional level of ASEAN, just like the European Union’s OLAF, which has a mandate to detect, investigate and stop fraud related to EU’s funds.

scholarly journals A possible solution for corruption in South Africa with the church as initiator: A practical theological approach

2013 ◽  
Vol 69 (2) ◽  
Author(s):  
Amanda L. Du Plessis ◽  
Gert Breed
Keyword(s):  
South Africa ◽  
Action Research ◽  
Global Solution ◽  
Research Method ◽  
1 Corinthians ◽  
Transparency International ◽  
The Poor ◽  
The World ◽  
Practical Theological ◽  
The Church

According to Transparency International, Africa is the most corrupt region in the world. In South Africa, there is an annual ’loss’ of about R30 billion as a result of bribery and corruption. It would appear that it is exactly the poor and the vulnerable who suffer most under the scourge of corruption. The purpose of this research was to investigate the effect of corruption on victim(s) and to evaluate it in an effort to formulate solutions as to how such individuals can be guided and supported in the suffering and hardship that they endure and that specifically emanate from corruption. In the research, an effort was made to move away from the trend of the fragmenting of aid and to present guidelines or suggestions that can lead to a global solution, where multi-disciplinary involvement can be facilitated. The researchers agree that the church can play a key role in this, and the solution was sought in the principles expounded in 1 Corinthians 12. The research method known as action research was investigated as a workable method to be used by the multi-disciplinary aid team in their struggle against corruption. In the final instance, the principles used by Touching Africa in their work were investigated so that these could also be used in the quest for a solution.

ASPEK ETIK DAN SISTEMIK DALAM EKONOMI DAN BISNIS ISLAM

ALQALAM ◽  
2014 ◽  
Vol 31 (1) ◽  
pp. 187
Author(s):  
Budi Harsanto
Keyword(s):  
Financial Crisis ◽  
Business Ethics ◽  
Moral Hazard ◽  
Global Financial Crisis ◽  
Financial Institution ◽  
Research Question ◽  
Academic Journals ◽  
Lehman Brothers ◽  
The World ◽  
The Global Financial Crisis

The fall of Enron, Lehman Brothers and other major financial institution in the world make researchers conduct various studies about crisis. The research question in this study is, from Islamic economics and business standpoint, why the global financial crisis can happen repeatedly. The purpose is to contribute ideas regarding Islamic viewpoint linked with the global financial crisis. The methodology used is a theoretical-reflective to various article published in academic journals and other intellectual resources with relevant themes. There are lots of analyses on the causes of the crisis. For discussion purposes, the causes divide into two big parts namely ethics and systemic. Ethics contributed to the crisis by greed and moral hazard as a theme that almost always arises in the study of the global financial crisis. Systemic means that the crisis can only be overcome with a major restructuring of the system. Islamic perspective on these two aspect is diametrically different. At ethics side, there is exist direction to obtain blessing in economics and business activities. At systemic side, there is rule of halal and haram and a set of mechanism of economics system such as the concept of ownership that will early prevent the seeds of crisis. Keywords: Islamic economics and business, business ethics, financial crisis 

Awareness on Sustainability Perspective among Consumers’ of Tea

2019 ◽  
Vol 118 (7) ◽  
pp. 111-116
Author(s):  
Dr. M. Ayisha Millath ◽  
Dr. K. Malik Ali
Keyword(s):  
Sample Size ◽  
Positive Relationship ◽  
Health Benefits ◽  
High Price ◽  
Educational Qualification ◽  
Lack Of Information ◽  
The World ◽  
Correlation Result ◽  
Day By Day

Tea is an imperative beverage elsewhere in the world.  The need and demand for tea are increasing day by day.  Tea Association of USA expects continued growth in tea sales due to awareness on its health benefits. There are more than 3000 kinds of tea varieties are there but only four varieties are widely used. The authors investigated the opinion on sustainability perspectives and problems faced by them while they intend to buy. Willing Participants are included in survey with the sample size of 237.  The correlation result revealed that there is a positive relationship between educational qualification and sustainability perspectives of tea products among consumers. .  It is also found that lack of information and high price were the major problems faced by tea consumers while intend to buy sustainable tea. So the tea manufacturers and processors must throw light on these issues to improve its preference among consumers.

PERILAKU PEDAGANG MUSLIM DALAM TINJAUAN ETIKA BISNIS ISLAM (KASUS DI PASAR LOAK JAGALAN KEDIRI)

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Alwi Musa Muzaiyin
Keyword(s):  
Business Ethics ◽  
Key Words ◽  
Luxury Goods ◽  
The World ◽  
Goods Market ◽  
Islamic Business Ethics ◽  
New Goods ◽  
The Many ◽  
Used Goods ◽  
The City

Trade is a form of business that is run by many people around the world, ranging from trading various kinds of daily necessities or primary needs, to selling the need for luxury goods for human satisfaction. For that, to overcome the many needs of life, they try to outsmart them buy products that are useful, economical and efficient. One of the markets they aim at is the second-hand market or the so-called trashy market. As for a trader at a trashy market, they aim to sell in the used goods market with a variety of reasons. These reasons include; first, because it is indeed to fulfill their needs. Second, the capital needed to trade at trashy markets is much smaller than opening a business where the products come from new goods. Third, used goods are easily available and easily sold to buyer. Here the researcher will discuss the behavior of Muslim traders in a review of Islamic business ethics (the case in the Jagalan Kediri Trashy Market). Kediri Jagalan Trashy Market is central to the sale of used goods in the city of Kediri. Where every day there are more than 300 used merchants who trade in the market. The focus of this research is how the behavior of Muslim traders in the Jagalan Kediri Trashy Market in general. Then, from the large number of traders, of course not all traders have behavior in accordance with Islamic business ethics, as well as traders who are in accordance with the rules of Islamic business ethics. This study aims to determine how the behavior of Muslim traders in the Jagalan Kediri Trashy Market in buying and selling transactions and to find out how the behavior of Muslim traders in the Jagalan Kediri Trashy Market in reviewing Islamic business ethics. Key Words: Trade, loak market, Islamic business

Comparative Study Of Islamic Economic Law And The Capitalist

2018 ◽  
Vol 16 (2) ◽  
pp. 104
Author(s):  
Tesa Mellina ◽  
Mohammad Ghozali
Keyword(s):  
Economic System ◽  
Capitalist System ◽  
Economic Problems ◽  
Economic Law ◽  
The Poor ◽  
Economic Practice ◽  
The World ◽  
Islamic Economic ◽  
Economic Injustice ◽  
Islamic Values

The implementation ofthe capitalist system has eliminated the Islamic values in economic practice. After the financial crisis hit the world, the capitalist system reaped many questions and its greatnessbegins to be doubted. The capitalist system implementationprecisely creates new problems in the economy. The concept of individualism which is the main key in capitalist practice only creates economic injustice and misery of the poor. The only economic theory that is expected as a light in dealing with economic problems is an economic system that is able to create justice,the welfare of all parties and blessings both the world and the hereafter. The theory is the Islamic economics which in practice is inseparable from Islamiceconomic law. Islamic economic law that underlies the Islamic economic system is totally different from the capitalist economic system.Keywords: Islamic Economic Law; Islamic economics; Capitalist Economy

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