OTCPK:DDBXF - Post by User
Post by
moneynorthboundon Feb 19, 2020 10:41pm
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Post# 30711196
DDB WHO EXECUTED CORRUPTION?
DDB WHO EXECUTED CORRUPTION?SIVA! Hostpapa possibly Louise. Louise's advisors are NOT acting in the best interest for shareholders hostpapa deal.
Corporate crime[edit]
Corporate crime deals with the company as a whole. The crime benefits the investors or the individuals who are in high positions in the company or corporation. White-collar crime and corporate crime are similar because they take place within the business world. The difference is that white-collar crime benefits the individual(s) involved, and corporate crime benefits the company or the corporation, usually high-ranking individuals within the corporation.
Corruption and the private sector review[edit]
One paper discusses some of the issues that arise in the relationship between private sector and corruption. The findings can be summarized as follows:
- They present evidence that corruption induces informality by acting as a barrier to entry into the formal sector. Firms that are forced to go underground operate at a smaller scale and are less productive.
- Corruption also affects the growth of firms in the private sector. This result seems to be independent of the size of the firm. A channel through which corruption may affect the growth prospects of firms is through its negative impact on product innovation.
- SMEs pay higher bribes as percentage of revenue compared with large companies and bribery seems to be the main form of corruption affecting SMEs.
- Bribery is not the only form of corruption affecting large firms. Embezzlement by a company's own employees, corporate fraud, and insider trading can be very damaging to enterprises too.
- There is evidence that the private sector has as much responsibility in generating corruption as the public sector. Particular situations such as state capture can be very damaging for the economy.
- Corruption is a symptom of poor governance. Governance can only be improved via coordinated efforts among governments, businesses, civil society [3]