Corporate Corruption Hurts People

The corporate climate that makes a company vulnerable to corruption is unquestioned control, no checks and balances and the absence of real values in top management.  Companies these days speak of risk management, but the biggest risk to a company is not external fraud but internal corruption.  Companies are typically hierarchical and there is considerable power invested in a few people. The private and secret nature of companies means that fraud, corruption, embezzlement can be hidden behind closed doors, deleted, shredded or key staff removed or positioned as consultants.  Those in the organisation have a duty to report corruption, this can be done under Whistle blower acts or privately by disclosing to authorities or if it is incredibly important publishing.  Those disclosing corruption can face vilification as those in power seek to frighten them into silence or hold them in non-disclosure agreements and call this risk management. It is not, it is corruption that is hidden by commercial interests. 

This video highlights some of the biggest corporate corruption cases and reframes those committing crimes away from those of lower socio economic levels and profiles to those who are very wealthy and well connected.  The key issues to explore in this are what creates greed?  What is greed?  Why do people go with the group (group think)?, why do people follow authority knowing it is corrupt? Why do government authorities protect their mates?  At the higher levels it is evident that they have political connections who give them the green light given political affiliations.  This is very problematic. 

So let’s look at corruption and why some believe they are above the law. 

Mohandas Gandhi

“Gentleness, self-sacrifice and generosity are the exclusive possession of no one race or religion.”