a strong democracy. When a country is sincerely democratized, the justice system incorporates citizens into legal participation to articulate fairness, trust, and reliability in litigation through the application of the law. South Korea is a case example of a country who adopt jury system in 2007, in an attempt to create a more potent and responsive democracy. Another factor that should inform a country’s decision to adopt a jury system is transparency. When country emphasizes transparency in their
Examining the Relationship between Corruption and Poverty This review found that few studies examine or establish a direct relationship between corruption and poverty.4 Corruption, by itself, does not produce poverty. Rather, corruption has direct consequences on economic and governance factors, intermediaries that in turn produce poverty. Thus, the relationship examined by researchers is an indirect one. Two models emerge from the research literature. The ”economic model” postulates that
CORRUPTION AT WORKPLACES IN GHANA. Corruption at workplaces in Ghana is a vice that has become a normality in this era but it is cancer that is eating the services of many of our organizations. Moreover, it can be considered as a parasite that has eaten and it is still eating the welfare of many organizations in Ghana. One of the outstanding issues crippling the economy of Ghana is corruption at her workplaces. Challenges that leaders at workplaces in Ghana face vary, but the common ones include
Ethics in Financial Reporting The definition of ethics is how to tell apart the wrong from right. Although ethics may have a slightly different meaning in financial reporting the foundation of it is the same. Furthermore, ethics just doesn’t apply to reporting alone, it applies to almost every aspect of our lives, in our working area, in schools etc. ethics is present everywhere, but to choose to follow it is a different question. Because of its definition, ethics was present thousands of years ago
system. Factors which encourage systemic corruption include conflicting incentives, discretionary powers; monopolistic powers; lack of transparency; low pay; and a culture of impunity. Specific acts of corruption include “bribery, extortion, and embezzlement” in a system where corruption becomes the rule rather than the exception. Scholars distinguish between centralized and decentralized systemic corruption, depending on which level of state or government corruption takes place; in countries such
A significant advantage of introducing whistleblowing within companies is that it allows organisations to better themselves by identifying and dealing with what is being reported (Smith, 2010). For example, when individual misuse resources available to them and it is reported. Here the organisation can use this opportunity to inform everyone of what is acceptable behaviour with regard to the resources that are at employees disposable. In addition, organisations
Paradigms in the Study of "Corruption" Corruption is a pattern of dishonest or unethical conduct by a person intrusted with a placement of authority, often to gain personal benefit. Corruption may include many activities including bribery and embezzlement, though it may also involve practices that are legal in many countries. Today, corruption is one of the greatest factors hindering development and stifling the realisation of democracy. Corruption affects the growth of a nation adversely. Corruption
“Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor.”- Sholom Aleichem Similar to the polar ice caps, the middle class is slowly dissipating. The world is becoming a two class society and soon everyone will be either rich or poor. The phenomenon of the shrinking middle class is global however it is extremely significant in Africa as a whole. In the continent of Africa it is not unusual to see luxury homes and apartments right next to informal settlements
effective management. If the person or department that create the rules, decided to apply the personal views of their own ethical companies, which can cause confusion at work, or more seriously, it can start undermine the entire corporate culture. For example, the leader of company is also the creator of the code of ethics, then the rule will tend to be biased to one or more individuals in the family or in the class leaders in the company, sometimes tolerated for misconduct. In other cases, company has
Taking ethical issues associated with it into account, equal sharing would decrease the esteemed value of the Boston Marathon. So, people will not find it respected due to its routine selection procedures. The historic value of this marathon is immense and washing of that value would be hurtful for the charity works (Cather, 2008). Also, the cost linked to the equal sharing, Contrary to the prevalent thought, will start snowballing as a consequence of the number of increased participants. Additionally