BAET 30510 Lecture Notes - Lecture 6: Corruption Perceptions Index, United Nations Global Compact, Global Governance
Document Summary
*corruption = the abuse of entrusted power for private gain. Example: teacher/professor using their authoritative power and power of giving grades to get something they want (accepting bribes) *bribery = a gift of any loan, fee, reward or any advantage that conduces someone to do something, typically illegal or dishonest. Put in code of conduct something about corruption. Be honest on your expense accounts and financial statements. They"ve served thousands of people in all countries and served with politicians who would have some sense of what corruption is. On the basis of these people"s perceptions of corruption, they rate countries. #5: explain how the un global compact is an instrument of global governance. In our modern day economy, all these companies are going into these different companies with different sets of rules and regulations. The 10 principles give companies a chance to buy in voluntarily and subscribe to a certain way of doing business.
