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Corruption, in various forms, is widespread worldwide. Although there is no way to quantitatively measure the cost of the rampant corruption, one estimate suggests that corruption equates to more than 5% of the global Gross Domestic Product (GDP). In fact, according to World Bank research, approximately $1 trillion is paid in bribes worldwide yearly.
In an effort to reduce these numbers, three business schools in Africa are introducing into their classrooms an anti-corruption program sanctioned by the United Nations. Funded by Siemens Integrity and developed by nearly 40 management scholars from around the world, the...
African Business Schools Add Anti-corruption Education to Programs
Corruption, in various forms, is widespread worldwide. Although there is no way to quantitatively measure the cost of the rampant corruption, one estimate suggests that corruption equates to more than 5% of the global Gross Domestic Product (GDP). In fact, according to World Bank research, approximately $1 trillion is paid in bribes worldwide yearly.
In an effort to reduce these numbers, three business schools in Africa are introducing into their classrooms an anti-corruption program sanctioned by the United Nations. Funded by Siemens Integrity and developed by nearly 40 management scholars from around the world, the...