The handbook of business and corruption : cross-sectoral experiences / edited by Michael S. ABländer, Technical University Dresden, International Intitute Zittau, Germany, Sarah Hudson, Human Resource Department, ESC Rennes, ESC Rennes School of Business, Rennes, France.

Includes bibliographical references and index.

PART I. Explaning and preventing corrupt practices. What is organizational corruption? / Philip M. Nichols -- Corruption: maximizing, socializing, balancing, and othering / Thomas Taro Lennerfors -- Petty corruption--facilitating payments and grease money / Antonio Argandoña -- The impact of disguised bribes--distorting the basic functions of gift-giving practices / Michel Dion -- Nepotism and cronyism as a cultural phenomenon? / Sarah Hudson and Cyrlene Claasen -- Viable and nonviable methods for corruption reform / Richard P. Nielsen -- PART II. Corruption--cross-sectoral experiences. Why does corruption persist in governments across the world? / Peter Rodriguez -- Corruption in extractive industries--changing the scenario? / Eleanor R.E. O'Higgins -- Corruption in the IT branch--the example of Siemens / Michael S. Assländer -- Money laundering and tax evasion--the assisting of the banking sector / David Chaikin -- Money laundering and legal compliance in the U.S. financial services industry: the case of Standard Chartered Bank / Bonnie G. Buchanan and Craig Anthony Zabala -- Corruption in finance--the role of the investment consulting and the financial auditing industries / Jay Youngdahl -- Informal payments in health care / Tetiana Stepurko, Milena Pavlova and Wim Groot -- Corruption in the pharmaceutical sector / Martha Gabriela Martinez, Jillian Clare Kohler and Heather McAlister -- Corruption in the agricultural sector--micro level evidence from Bangladesh / Asif Reza Anik and Siegfried Bauer -- We can fix it--corruption in the construction industry / Peter J. Edwards, Paul A. Bowen and Keith S. Cattell -- Olympic Games, football championships, and corruption in the sports industry / Fausto Martin De Sanctis -- Corruption in the media / Edward H. Spence -- Corruption in the retail industry / Michael S. Assländer and Maxim A. Storchevoy.

For years, corruption has been dismissed as a cultural phenomenon prevalent in developing countries, mirroring low salaries, weak infrastructure, disorganized administration and unstable political conditions. What this theory fails to explain, however, is why so many western multinational corporations have been involved in corruption scandals in recent years – even though most of these companies ostensibly had anti-corruption programs and monitoring systems in place. This book considers corruption in the business world in its broadest sense, including bribery and petty payments, nepotism and cronyism, gift-giving, embezzlement of public property and money laundering. It then explores corrupt behavior across different sectors in more detail in an effort to understand how corruption varies by industry. While a number of books dealing with corruption have been published over the years, little attention has been paid to the specifics of corruption in different industries and economic sectors. With contributions from some of the leading global experts in business ethics and law, this handbook will be an essential resource for both scholars and practitioners.