corruption the international evolution Essay - 1537 Words

CASE N °2  « Corruption: The international evolution of new management challenges â€Å" School year 2013 - 2014 Introduction Since the phenomenon of globalization, companies that decided to broaden their horizons have to face multiple challenges and their management functions need some adaptations. While going abroad, companies may become concerned with the subject of corruption that makes the business with foreign countries even more complicated. Even if there is a willingness to fight and reduce the corruption across the world, companies must be aware that this subject exists and must take it into account while dealing with foreign companies, their efforts to understand and adapt to local corruption influencing their success of†¦show more content†¦In order to draw that line companies should look at three different aspects. First, the international laws about gifts and bribes must be carefully analysed. Second, companies should gather information in regard to what is permitted by the local culture. Last but not least, companies must look carefully at their CSR strategy in order to see which kind of gifts there are ready to accept in order to be in line with their core values. After analysing those three aspects, companies will be able to draw a line between gifts and bribes, using an ethical relativism or an ethical absolutism (Bricoe, Schuler and Tarique, 2012). This list must be integrated to a gift policy (anti-corruption code; see Appendix 2) that must to be well communicated, accepted and used by all members of the company. In top of that, the company should put in place controls system in order to check if the anti-corruption code is respected. The role of the international human resources management function is therefore crucial. The IHRM function needs to understand the different cultures the company is dealing with, to tolerate the cultural diversity while avoiding moral recklessness. This will ask the managers to conduct deep researches about the cultural differences and to train people concerning the anti-corruption code. Are donations to politicians and political parties a form of corruption? Should donations be prohibited? Donations to politicians and political parties appears inShow MoreRelatedCorruption Is A Big Cause Of Corruption856 Words   |  4 PagesThe topic I chose for my research paper is corruption in Africa. Corruption is one of the most deadly, wicked and immoral evil that endures in the society. Corruption is a toxic which has been meal in the mind of erroneous people in the society. 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