Corruption and Integrity

In: Business and Management

Submitted By LRVining
Words 2141
Pages 9
Abstract

Corruption and corporate and personal integrity is becoming a major problem in the global economy we live in today. Corruption is defined as the abuse of entrusted power for private gain. Numerous national and multinational companies face serious cultural problems including corruption and integrity issues. Today there are many reasons as to why corruption and lack of integrity is harmful to so many countries. Corruption affects a countries politics, economy, society, and overall environment. When the counties leadership is lacking integrity, than a corrupt country cannot develop, which causes the country to become even more corrupt. In addition, the corrupt countries economy suffers with the potential depletion of their national wealth. However, the damage of corruption on society is most damaging of all. Country corruption and unethical behavior diminishes trust in the government, politics, and leadership of their country. This in turn creates the potential for more unethical behavior and corruption in that society. Overall, the environment of that country suffers and only creates a domino effect of more unethical behavior and corruption across the spectrum.

Haiti has been ranked as one of the most corrupt country in the World by Transparency International. Once a tourist’s attraction, Haiti was one of the most beautiful mountainous countries of the Caribbean Islands now it is pledge by corruption and a government that lacks moral and integrity. It was the world's first black-led republic and the first Caribbean state to achieve independence. But it has suffered from decades of poverty, environmental degradation, violence, instability and dictatorship which have left it as the poorest nation in the Americas. The Haitian government has been plagued with corruption from the beginning of its existence. The main source of corruption in this…...

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