PLEASE NOTE: The quality of this recording is very poor- sorry Broadcast live from the ACPIC conference, Australia.

Executive Summary In environments with widespread corruption, most business leaders hesitate to take a firm stand against corruption. However, research conducted in Egypt, Zimbabwe, and India shows that organizations should view building a strong ethical reputation in such environments as an opportunity to differentiate themselves.

To do this, companies can follow four steps. First, frame their ethical behavior in a way that resonates with as wide a network of stakeholders as possible. Second, understand that there are gradations of corruption. Third, acquire a fine-grained understanding of their stakeholders. Fourth, strategically build partnerships with high-status individuals and organizations, a tactic referred to as “reputation borrowing.”.

Sorgam Tamil Serial Cast. Most business leaders to take a firm stand, even in environments where it is widespread. Some may see benefits from indulging in corrupt practices such as faster processing of permits or less interference from governmental officials. At the same time, the perceived costs of corruption are low, due to poorly formulated anti-corruption laws and ineffective enforcement, which leads to a very low likelihood of prosecution and punishment. As a result, as much as they may detest corruption, most business leaders end up succumbing to it. Indeed, many see themselves as victims of the endemic corruption rather than as its perpetrators – “Everyone else is doing it,” they may tell themselves, “So we have to do it too.” This does not have to be the case, and in fact, it should not be the case. Our research in,, and shows that organizations should view the prospect of building a strong ethical reputation in such environments as an opportunity, and consider the costs of resisting corruption as an investment in building such a reputation.

Moreover, our research illuminates specific steps companies can take to maintain high ethical standards in environments where corruption seems widespread. We also find that these steps are most effective in countries with a free and plural press, an independent judiciary, and a potential for collective action (such as a community that can be appealed to or organized, such as a religious community, a civic organization, or a trade association). When these conditions are in place, it will be easier for an organization to take a firm stance against corruption, especially political corruption. Ethics Can Be a Differentiator Ethical behavior is in scarce supply in corrupt business environments such as Zimbabwe, Egypt and India, relative to. Therefore, stakeholders — such as customers or investors — place a higher value on ethical behavior in corrupt environments. Moreover, ethical behavior is more noticeable in corrupt environments than it would be in ethical ones; it is easier for an ethical company to stand out in a corrupt environment.

Finally, organizations typically underestimate the latent support for ethical behavior in corrupt environments. They should realize that stakeholders’ silence on endemic corruption does not mean that they are satisfied with the status quo. An organization showing ethical leadership can galvanize ethically sensitive stakeholders into supporting it in its endeavor to fight corruption, which can lead to reputational benefits for the organization.

Resisting Corruption in Corrupt Environments How should firms go about resisting corruption? First, they need to frame their ethical behavior in a way that resonates with as wide a network of stakeholders as possible. Importantly, we find that it is crucial for organizations to reach beyond the immediate family and friends networks of their company leaders for support. For example, Strive Masiyiwa was able to elicit significant support from the large Christian community in Zimbabwe by framing his commitment to ethics as emanating from his religious beliefs. India’s Infosys repeatedly invoked its “middle class values” to position itself as an ethical organization, which resonated with the young university-educated workforce that it was trying to attract. Ibrahim Abouleish, founder of Sekem in Egypt, found that appealing to a larger goal such as nation-building or leaving a better country for the next generation was effective in justifying his commitment to ethics.

Research Note. Our study is based on 120 semi-structured interviews with the subjects of five in,, and Egypt. Our subjects included the founders of the organizations, their employees, former employees, and other external stakeholders. We also had access to vast amounts of archival data on these organizations and the contexts in which they operated. Adandada Mange Video Song Download.

We developed research case studies on two companies and teaching case studies on four companies. We have published research articles (based on one subject company) and (based on two companies).

We published a on one company in the International Journal of Entrepreneurship Education (now called International Review of Entrepreneurship). Second, entrepreneurs and managers need to understand that there are gradations of corruption.

Often, business leaders of private firms mistakenly assume that all governmental officers in corrupt environments are irremediably corrupt. At other times, the initiators of the corrupt transaction are the private firms themselves; they resort to bribery to incentivize the governmental official to accelerate the approval process or to turn a blind eye to violations of regulatory norms. Business leaders should instead understand that corruption exists along a continuum. For example, the head of the governmental relations department of Alacrity Housing in India told us that in his fourteen years on the job, 40-50% of the governmental officers he had interacted with had directly or indirectly made it known to him that they were expecting a bribe. While that might sound like a lot, what it shows us is that between 50 and 60% of the governmental officers did not expect bribes — even in the construction industry, which is known for its high corruption due to the multiple governmental departments that need to provide permits and approvals, and in a country where corruption is quite widespread. In any country, there will be governmental officers who perform their duty without asking for bribes or accepting them if offered; others who would not ask for a bribe but will not refuse one either; a third group who ask for bribes but can be persuaded not to insist; and a fourth group that don’t budge until their demands are met. Business leaders should not assume every government official they meet is in this fourth group.

Third, organizations need to acquire a fine-grained understanding of their stakeholders. We classify them into four categories based on their likely response to an organization’s ethical behavior. These four categories cut across the traditional stakeholder groupings of customers, suppliers, employees, investors, regulators, and evaluators, who business leaders tend to segment according to their business operations.

• Our core values govern our internal business practices and partnerships, and guide our innovations. • Meet our Chair and CEO, board of directors, corporate executives, and regional and functional leaders.

• We develop innovative, practical solutions that address the challenges of our changing world. • For more than two centuries, DuPont has delivered innovative solutions to tackle global challenges. • Our company and its employees make a difference in their communities and beyond.

• Find DuPont offices and sites around the world. • Sustainability. • Includes brands like: Corian® solid surface, Elvaloy® resins, Sorona® flooring, Tyvek® weather barriers, and Zodiaq® quartz. • DuPont offers innovative solutions to improve performance while reducing the manufacturing cost of LED lighting and displays. • DuPont offers the industry’s broadest array of high performance electronic and electrical materials. • DuPont offers materials with unique properties that withstand extreme temperatures and other demanding environments. • The demands of the sporting goods industry require the use of consistent, high performing yet cost effective materials.

• DuPont experts work with customers to create specialized, cost-effective packaging solutions that deliver high performance. • DuPont offers high quality, productivity and sustainable solutions for the printing and package printing industry. • For over 40 years our innovations in PV materials have led the photovoltaics industry forward. • Industrial Biotechnology. DuPont™ Bynel® coextrudable adhesive resin gives manufacturers and converters powerful solutions for multi-layer adhesion needs. It is used as a tie layer, creating a strong bond between dissimilar materials in bottles, tubes, thermoformable sheets, films, and non-packaging uses such as piping and building panels.

Bynel® adhesive resin can be a cost- and process-efficient choice, available pre-compounded in a range of grades. It can help optimize barrier, heat-seal and other functionalities in coextruded blown & cast film, extrusion coating/lamination, cast sheet, coex tubing, and blow molding. Strong, flexible, interlayer adhesion supports replacing heavy glass or metal containers with lightweight, multi-layer barrier packaging, which can help reduce fossil fuel use (and costs) in distribution.