Corruption In Corporate America

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Corruption in Corporate America

Author : Abraham Leo Gitlow
Publisher : University Press of America
ISBN 13 : 9780761831976
Total Pages : 194 pages
Book Rating : 4.8/5 (319 download)

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Book Synopsis Corruption in Corporate America by : Abraham Leo Gitlow

Download or read book Corruption in Corporate America written by Abraham Leo Gitlow and published by University Press of America. This book was released on 2005 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern capitalism and political freedom rest on concepts of conscience and morality, and abhor concentrations of unbridled power. America's economic and political system has developed mechanisms designed to check and balance such power. Despite these mechanisms, there are chief executives who abuse their power in a fraudulent and self-serving pursuit of wealth and authority. How did this happen? How did the system respond? What can be done to prevent it in the future? Corruption in Corporate America seeks to answer these questions. The analysis is supported by a look ahead at the prospective results of the Sarbanes-Oxley Act of 2002, the law intended as a corrective response to corporate corruption.

Corporate Corruption

Author : Marshall Clinard
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313367914
Total Pages : 232 pages
Book Rating : 4.3/5 (133 download)

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Book Synopsis Corporate Corruption by : Marshall Clinard

Download or read book Corporate Corruption written by Marshall Clinard and published by Bloomsbury Publishing USA. This book was released on 1990-03-23 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the media have been full of stories about ethical decline. Illegal dealings have been uncovered in the banking and savings and loan industries as well as the highest levels of Congress and government administration. Even television evangelism has been seriously tarnished by scandal. Corporate Corruption is the first wide ranging book to turn the spotlight on the unethical and illegal behavior of America's giant corporations and their executives: the prestigious Fortune 500. While avoiding the undignified zealotry of tabloid muck-raking, this well-researched volume explores corporate abuse and examines the disparity between the facts of corporate misconduct and the glowing image that advertising and other media portray of these corporations. Marshall Clinard identifies the auto, oil, pharmaceutical, and defense industries as the major offenders. He devotes a chapter to each of these areas in addition to chapters on corporate violence, corporate bribery, and a final discussion of how to correct these widespread abuses. Although their massive productive capacities and innovative powers have contributed immeasurably to the high standard of living that many Americans enjoy, far too often corporations have abused the public trust, the people who use their products, their own employees and stockholders, the environment, and even the Third World that they profess to help. From illegally disposing of hazardous waste to defiance of health and safety standards to price-fixing, corporate violations cost hundreds of millions of dollars and thousands of lives. The magnitude of their offenses becomes clear when one considers that a single corporate offense may run into millions of dollars in losses, while the average cost of a burglary is $600 and the average larceny $400. In some cases, the cost of a single case of corporate misconduct may exceed a billion dollars. Having published three earlier books on corporate misbehavior and having received two grants from the U.S. Department of Justice to make specific corporate studies, Clinard is well-qualified to bring insight, experience, and unblinking scrutiny to what he describes as a story that must be told. Corporate Corruption is a must for anyone concerned about the widespread breakdown of ethics in contemporary society and the role played by large corporations when they abuse their power. It is also of interest to persons involved in business management, complex organizations, criminology, general ethics, and, in fact, to any responsible customer.

University, Inc.

Author : Jennifer Washburn
Publisher : Basic Books
ISBN 13 : 078672238X
Total Pages : 354 pages
Book Rating : 4.7/5 (867 download)

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Book Synopsis University, Inc. by : Jennifer Washburn

Download or read book University, Inc. written by Jennifer Washburn and published by Basic Books. This book was released on 2008-08-01 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our federal and state tax dollars are going to fund higher education. If corporations kick in a little more, should they be able to dictate the research or own the discoveries? During the past two decades, commercial forces have quietly transformed virtually every aspect of academic life. Corporate funding of universities is growing and the money comes with strings attached. In return for this funding, universities and professors are acting more and more like for-profit patent factories: university funds are shifting from the humanities and the less profitable science departments into research labs, and the skill of teaching is valued less and less. Slowly but surely, universities are abandoning their traditional role as disinterested sources of education, alternative perspectives, and wisdom. This growing influence of corporations over universities affects more than just today's college students (and their parents); it compromises the future of all those whose careers depend on a university education, and all those who will be employed, governed, or taught by the products of American universities.

On Corruption in America

Author : Sarah Chayes
Publisher : Vintage
ISBN 13 : 0525654860
Total Pages : 432 pages
Book Rating : 4.5/5 (256 download)

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Book Synopsis On Corruption in America by : Sarah Chayes

Download or read book On Corruption in America written by Sarah Chayes and published by Vintage. This book was released on 2020-08-11 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the prizewinning journalist and internationally recognized expert on corruption in government networks throughout the world comes a major work that looks homeward to America, exploring the insidious, dangerous networks of corruption of our past, present, and precarious future. “If you want to save America, this might just be the most important book to read now." —Nancy MacLean, author of Democracy in Chains Sarah Chayes writes in her new book, that the United States is showing signs similar to some of the most corrupt countries in the world. Corruption, she argues, is an operating system of sophisticated networks in which government officials, key private-sector interests, and out-and-out criminals interweave. Their main objective: not to serve the public but to maximize returns for network members. In this unflinching exploration of corruption in America, Chayes exposes how corruption has thrived within our borders, from the titans of America's Gilded Age (Andrew Carnegie, John D. Rockefeller, J. P. Morgan, et al.) to the collapse of the stock market in 1929, the Great Depression, and FDR's New Deal; from Joe Kennedy's years of banking, bootlegging, machine politics, and pursuit of infinite wealth to the deregulation of the Reagan Revolution--undermining this nation's proud middle class and union members. She then brings us up to the present as she shines a light on the Clinton policies of political favors and personal enrichment and documents Trump's hydra-headed network of corruption, which aimed to systematically undo the Constitution and our laws. Ultimately and most importantly, Chayes reveals how corrupt systems are organized, how they enable bad actors to bend the rules so their crimes are covered legally, how they overtly determine the shape of our government, and how they affect all levels of society, especially when the corruption is overlooked and downplayed by the rich and well-educated.

Corruption and Reform

Author : Edward L. Glaeser
Publisher : University of Chicago Press
ISBN 13 : 0226299597
Total Pages : 397 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Corruption and Reform by : Edward L. Glaeser

Download or read book Corruption and Reform written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2007-11-01 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite recent corporate scandals, the United States is among the world’s least corrupt nations. But in the nineteenth century, the degree of fraud and corruption in America approached that of today’s most corrupt developing nations, as municipal governments and robber barons alike found new ways to steal from taxpayers and swindle investors. In Corruption and Reform, contributors explore this shadowy period of United States history in search of better methods to fight corruption worldwide today. Contributors to this volume address the measurement and consequences of fraud and corruption and the forces that ultimately led to their decline within the United States. They show that various approaches to reducing corruption have met with success, such as deregulation, particularly “free banking,” in the 1830s. In the 1930s, corruption was kept in check when new federal bureaucracies replaced local administrations in doling out relief. Another deterrent to corruption was the independent press, which kept a watchful eye over government and business. These and other facets of American history analyzed in this volume make it indispensable as background for anyone interested in corruption today.

Kickback

Author : David Montero
Publisher : Penguin
ISBN 13 : 0670016470
Total Pages : 306 pages
Book Rating : 4.6/5 (7 download)

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Book Synopsis Kickback by : David Montero

Download or read book Kickback written by David Montero and published by Penguin. This book was released on 2018-11-13 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: An investigation into corporate bribery around the world and how it undermines democracy and the free market system The World Bank estimates that rich multinational corporations pay hundreds of billions of dollars in bribes every year to officials overseas. The perpetrators are not a handful of rogue companies, but many members of the Fortune 500. Kickback is a sweeping, global investigation into corporate bribery around the world and how backdoor financial transactions undermine democracy and the free market system by lining the pockets of some of the world's worst dictators and criminals. Ultimately, this system affects billions of people by creating conditions that lead to poverty, violence, environmental disaster, and political instability in countries like Nigeria, Bahrain, Costa Rica, and Iraq. Kickback traces the origins of corporate bribery from the reign of the British East India Company to the methods by which it is carried out today. Traveling across four continents and interviewing police and intelligence officials, convicted criminals, business executives, and corruption experts, David Montero takes an inside look at bribery's pernicious effects. He examines its ramifications at both the individual and national levels--from the murder of a young activist in Bangladesh to a Texas billionaire's dealings with Saddam Hussein, from pharmaceutical firms' payoffs in China to how the entrenched culture of bribery helped destroy the Greek economy. Montero also examines the countermeasures that have been introduced to combat these practices, such as the Justice Department's efforts to halt them and attempts to identify and provide restitution to victims. Given the new era of profound uncertainty we are entering--the strength of the European Union founders, the power of China rises, the global economy continues on a path of perilous flux, and allegations mount that President Donald Trump and his associates are possibly tainted by bribery themselves--the stakes for eradicating corporate bribery have never been higher.

Pigs at the Trough

Author : Arianna Huffington
Publisher : Crown
ISBN 13 : 0307590496
Total Pages : 306 pages
Book Rating : 4.3/5 (75 download)

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Book Synopsis Pigs at the Trough by : Arianna Huffington

Download or read book Pigs at the Trough written by Arianna Huffington and published by Crown. This book was released on 2009-07-28 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Wonderfully incendiary and right-headed . . .Huffington is mad as hell, and rightly so.” –Esquire The scathing and insightful New York Times bestseller, now updated to include the current economic crisis Pigs at the Trough is Arianna Huffington’s eerily prescient exposé of the financial meltdown–and the flagrant greed that triggered it. Once again, Huffington takes on the nexus of corporate highfliers, lobbyists, and Washington insiders who have created and zealously protected a culture of corruption in America. Hearkening back to the days of Enron and WorldCom, she draws a line connecting those accounting frauds to the much larger and more sophisticated corruption that drove the latest financial crisis. The list of new culprits is long, and in this updated version of Pigs at the Trough, Huffington calls them out–including AIG, Citigroup, and Merrill Lynch–and asks the probing questions of how things went so wrong and how we can rebuild our free market capitalist system on a sounder moral foundation. Wickedly amusing yet powerfully indicting, Pigs at the Trough will once again stir up heated discussion among Americans outraged by the bailout of corporate swine. “With a passion for the truth and an eye for detail, Arianna Huffington reports on the hijacking of democracy. Read it and weep–then head for the barricades.”–Bill Moyers “Huffington indicts with precision, verve, and sparkling wit.” –Barbara Ehrenreich “Arianna Huffington makes an appealing and compelling argument for the repeal of human nature–that part of it that indulges savage, unconscionable, and despicable greed.” –Walter Cronkite

Corruption in Latin America

Author : Robert I. Rotberg
Publisher : Springer
ISBN 13 : 9783319940564
Total Pages : 0 pages
Book Rating : 4.9/5 (45 download)

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Book Synopsis Corruption in Latin America by : Robert I. Rotberg

Download or read book Corruption in Latin America written by Robert I. Rotberg and published by Springer. This book was released on 2018-11-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the newest and one of the very few existing examinations of the full nature of corruption throughout Central and South America. In detailed chapters written by experts with extensive in-country experience, it reveals the political and economic roots and consequences of corruption in Argentina, Bolivia, Brazil, Colombia, Guatemala, Honduras, Mexico, and Peru. The editor’s introduction and conclusion texts synthesize their work and provides an over-arching view of corrupt practices and anti-corruption initiatives throughout Latin America. Corruption in Latin America shows the extent to which corrupt practices engulf each of the countries discussed, the involvement of political and corporate entities in the pursuit of ill-gotten gains, and the drag on development caused by corruption in each political entity. The book will be of interest for social scientists, political actors and social activists involved in the fight against corruption in Latin America by providing in-depth analyses of the topic and discussing how best to pursue anti-corruption efforts through civil society actions, judicial endeavors, legal shifts, or elections.

Trickle Down Deviancy

Author : William N. Spencer
Publisher : Xlibris Corporation
ISBN 13 : 1479767166
Total Pages : 205 pages
Book Rating : 4.4/5 (797 download)

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Book Synopsis Trickle Down Deviancy by : William N. Spencer

Download or read book Trickle Down Deviancy written by William N. Spencer and published by Xlibris Corporation. This book was released on 2012-12-28 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The right to partake of capitalism is exactly what our United States Consti tuti on is referring to as being the pursuit of happiness. If you or any person so chooses to apply yourself, study and learn, and acquire useable and salable knowledge, skills, and abiliti esand then apply these towards the economic good of a company/business/corporationyou just might become greedy and rich. Does relying upon our own self-motivation and self-determination means that we are greedy? Does working many hours of mandatory overtime at our chosen career mean that we are overly self-seeking? The answer to these questions and many more are all within

Corruption in International Business

Author : Ms Sharon Eicher
Publisher : Gower Publishing, Ltd.
ISBN 13 : 1409459926
Total Pages : 262 pages
Book Rating : 4.4/5 (94 download)

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Book Synopsis Corruption in International Business by : Ms Sharon Eicher

Download or read book Corruption in International Business written by Ms Sharon Eicher and published by Gower Publishing, Ltd.. This book was released on 2012-08-28 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is common practice to assume that business practices are universally similar. Business and social attitudes to corruption, however, vary according to the wide variety of cultural norms across the countries of the world. International business involves complex, ethically challenging, and sometimes threatening, dilemmas that can involve political and personal agendas. Corruption in International Business presents a broad range of perspectives on how corruption can be defined; the responsibilities of those working for publicly traded companies to their shareholders; and the positive influences that corporations can have upon combating international corruption. The authors differentiate between public and private sector corruption and explore the implications of both, as well as methods for qualifying and quantifying corruption and the challenges facing policy makers, legal systems, corporations, and NGOs, as they seek to mitigate the effects of corruption and enable cultural and social change.

Corruption in America

Author : Zephyr Teachout
Publisher : Harvard University Press
ISBN 13 : 0674745086
Total Pages : 385 pages
Book Rating : 4.6/5 (747 download)

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Book Synopsis Corruption in America by : Zephyr Teachout

Download or read book Corruption in America written by Zephyr Teachout and published by Harvard University Press. This book was released on 2014-09-29 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Louis XVI presented Benjamin Franklin with a snuff box encrusted with diamonds and inset with the King’s portrait, the gift troubled Americans: it threatened to “corrupt” Franklin by clouding his judgment or altering his attitude toward the French in subtle psychological ways. This broad understanding of political corruption—rooted in ideals of civic virtue—was a driving force at the Constitutional Convention. For two centuries the framers’ ideas about corruption flourished in the courts, even in the absence of clear rules governing voters, civil officers, and elected officials. Should a law that was passed by a state legislature be overturned because half of its members were bribed? What kinds of lobbying activity were corrupt, and what kinds were legal? When does an implicit promise count as bribery? In the 1970s the U.S. Supreme Court began to narrow the definition of corruption, and the meaning has since changed dramatically. No case makes that clearer than Citizens United. In 2010, one of the most consequential Court decisions in American political history gave wealthy corporations the right to spend unlimited money to influence elections. Justice Anthony Kennedy's majority opinion treated corruption as nothing more than explicit bribery, a narrow conception later echoed by Chief Justice Roberts in deciding McCutcheon v. FEC in 2014. With unlimited spending transforming American politics for the worse, warns Zephyr Teachout, Citizens United and McCutcheon were not just bad law but bad history. If the American experiment in self-government is to have a future, then we must revive the traditional meaning of corruption and embrace an old ideal.

Other People's Money

Author : Nomi Prins
Publisher : The New Press
ISBN 13 : 1595586628
Total Pages : 370 pages
Book Rating : 4.5/5 (955 download)

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Book Synopsis Other People's Money by : Nomi Prins

Download or read book Other People's Money written by Nomi Prins and published by The New Press. This book was released on 2006-08-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critical, independent voices are seldom found within the citadels of international finance. That's what makes Nomi Prins unique. During fifteen years as an executive at skyscraping banks like Goldman Sachs, Bear Stearns, and Lehman Brothers, Prins never lost her ability to see the broader picture. She walked away from the game in 2002 out of disgust with the burgeoning corporate corruption, just as its magnitude was becoming clear to the public. In this acclaimed exposé, named one of the best books of 2004 by The Economist, Barron's, Library Journal, and The Progressive, Prins provides fascinating firsthand details of day-to-day life in the financial leviathans, with all its rich absurdities. She demonstrates how the much-publicized fraud of recent years resulted from deregulation that trashed the rules of responsible corporate behavior, and not simply the unbridled greed of a select few. While the stock market roared on the back of phony balance sheets, executives made out like bandits and Congress looked the other way. Worse yet, as the new foreword to the paperback edition makes clear, everything remains in place for a repeat performance.

Predator Nation

Author : Charles H. Ferguson
Publisher : Currency
ISBN 13 : 0307952568
Total Pages : 386 pages
Book Rating : 4.3/5 (79 download)

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Book Synopsis Predator Nation by : Charles H. Ferguson

Download or read book Predator Nation written by Charles H. Ferguson and published by Currency. This book was released on 2013-05-21 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charles Ferguson, who electrified the world with his Academy Award-winning documentary, Inside Job, now reveals how rogues with influence have taken over the country and are driving it to financial and social ruin. In Predator Nation, Ferguson exposes the networks of academic, government, and congressional influence--in all recent administrations, including Obama's--that prepared the path to conquest. He reveals how once-revered figures like Alan Greenspan and Larry Summers have become mere courtiers to the elite. And based on many newly released court filings, he details the extent of the crimes--there is no other word--committed in the frenzied chase for storied wealth that marked the 2000s. And, finally, he lays out a brief plan of action for how we might take it back.

The Secret History of the American Empire

Author : John Perkins
Publisher :
ISBN 13 : 9781101929155
Total Pages : pages
Book Rating : 4.9/5 (291 download)

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Book Synopsis The Secret History of the American Empire by : John Perkins

Download or read book The Secret History of the American Empire written by John Perkins and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bribery and Corruption

Author : Brian P. Loughman
Publisher : John Wiley & Sons
ISBN 13 : 1118011368
Total Pages : 432 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Bribery and Corruption by : Brian P. Loughman

Download or read book Bribery and Corruption written by Brian P. Loughman and published by John Wiley & Sons. This book was released on 2011-12-06 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: As businesses continue to expand globally into new and emerging markets, bribery and corruption risks have increased exponentially. Bribery and Corruption offers a comprehensive look at this growing problem, and at the Foreign Corrupt Practices Act (FCPA) and other international anti-bribery and corruption conventions. Presenting hypothetical examples of situations companies will face, along with practical solutions, the book offers detailed global guidance on a region and country-specific basis. The FCPA prohibits US companies and their subsidiaries from bribing foreign officials, either directly or indirectly through intermediaries, for the purpose of obtaining or retaining business. It also requires companies to keep accurate records of all business transactions and maintain an effective system of internal accounting controls. Internationally, the Organization of Economic Cooperation and Development's (OECD's) anti-bribery convention has been adopted by 38 countries and creates legally binding standards related to bribery of foreign public officials. Written by renowned accounting fraud experts Richard A. Sibery and Brian P. Loughman, and providing an introduction and overview of the Foreign Corrupt Practices Act (FCPA) and international bribery laws, Bribery and Corruption considers: How to conduct FCPA risk assessments and investigations How to consider FCPA specific financial controls How to implement an FCPA compliance program and how to measure FCPA compliance The risk of bribery and corruption continues to be an area of concern for companies around the world, but armed with Bribery and Corruption, it is easier than ever to understand the challenges that exist and how to deal with them.

Rise, Fall, and Revitalization of Corporate America

Author : Emigdio Salmon
Publisher :
ISBN 13 : 9786214340903
Total Pages : 502 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis Rise, Fall, and Revitalization of Corporate America by : Emigdio Salmon

Download or read book Rise, Fall, and Revitalization of Corporate America written by Emigdio Salmon and published by . This book was released on 2019-07-08 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: I had migrated from a communist country, where freedoms were limited, to a country where freedom was of paramount importance. The system of government was also different. Under communism, people were unable to show initiative; the government told you what you could and could not do. In this country, initiative was valued as the engine driving change and development and providing the means to financial success. I witnessed political corruption and abuse of power under a dictatorship. I also experienced the detrimental consequences of political corruption leading to the overthrow of a dictatorship and imposition of a communist regime. The ultimate consequence of that level of corruption was the establishment in my home country -Cuba- of the first communist country in the western hemisphere and the confiscation, without payment, of our property. I always detested corruption and politics because it seemed all politicians were corrupt. In this country, however, there were cases of political corruption, but the level of corruption was much lower than in my native country. Corruption ended up on disastrous consequences for all Cubans, and now I am concerned about corruption doing the same here in the U.S.

Incentivizing Corporate America to Eradicate Transnational Bribery Worldwide

Author : Peter Reilly
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Incentivizing Corporate America to Eradicate Transnational Bribery Worldwide by : Peter Reilly

Download or read book Incentivizing Corporate America to Eradicate Transnational Bribery Worldwide written by Peter Reilly and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1977, it was discovered that hundreds of U.S. companies had spent hundreds of millions of dollars in bribes to improve business overseas. In response, Congress passed the Foreign Corrupt Practices Act (FCPA), thereby making it illegal to bribe foreign officials to obtain a business advantage. A major tension has emerged between the federal agencies charged with enforcing the FCPA (i.e., the DOJ and SEC), and the corporate entities trying to stay within the legal and regulatory bounds of the statute. Specifically, while the government appears to be trying to maximize discretion and flexibility in carrying out its enforcement duties, companies are calling for more transparency and guidance. Unfortunately, the government's FCPA Resource Guide, published in 2012 to provide the public with more direction, fails to shed enough light on how to successfully conform to this complicated statute. This Article focuses in particular on the difficult and strategic decision of whether a company should self-report to the government a potential FCPA violation. After reviewing the advantages and disadvantages of self-reporting, the Article concludes that the government needs to be more transparent and forthcoming regarding the potential benefits of doing so; it argues that the government must provide greater transparency regarding specific and calculable benefits that can be achieved through self-reporting and cooperation in the face of possible FCPA violations. The Article concludes that companies will be more likely to self-report such violations -- and thereby assist in eradicating the scourge of transnational bribery worldwide -- only if there is more certainty that the benefits achieved from self-reporting will outweigh the risks and costs involved.