No doubt, business plays a crucial role in countering corruption. So as attempts have increased to motivate companies to engage in the fight against corruption more, so have references to the so-called "business case against corruption".
It argues that corruption is not only morally wrong and damaging to societies, but also detrimental to the companies themselves. It thus concludes that countering corruption makes business sense; that companies that engage against corruption are better off economically than those that do not.
But is this true? Because if such a business case to counter corruption existed, why are companies still engaging in corrupt acts?
This is one of the main questions elaborated on at the Humboldt-Viadrina School of Governance in a project on anti-corruption incentives and sanctions for business, which looks at what it is that motivates companies to counter corruption. Are they doing so only if required to by law? Are they driven by a desire to do what is morally right? Or does countering corruption actually make good business sense? And what can different stakeholders do to strengthen these motivations?
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