Book contents
- The Cambridge Companion to Business & Human Rights Law
- Cambridge Companions to Law
- The Cambridge Companion to Business & Human Rights Law
- Copyright page
- Contents
- Figures and Tables
- Contributors
- Preface
- Cases
- Abbreviations
- 1 Business and Human Rights
- 2 Reconciling International Human Rights with International Trade
- 3 Neoliberalism, State-Capitalism and European Ordo-Liberalism
- 4 Corporate Governance and Corporate Social Responsibility
- 5 The Role of Business in International Development and the Attainment of the Sustainable Development Goals
- 6 The Business Case for Human Rights
- 7 The UN Guiding Principles on Business and Human Rights and Its Predecessors
- 8 The Regulatory Framework of Multinational Enterprises
- 9 The UN Global Compact and the OECD Guidelines for Multinational Enterprises and Their Enforcement Mechanisms
- 10 Taxation and Business
- 11 Corporate Accountability for the Natural Environment and Climate Change
- 12 Corporate Accountability for Corruption and the Business Case for Transparency
- 13 Disability, Business and Human Rights
- 14 Gender, Business and Human Rights
- 15 The Business Sector and the Rights to Work and Just and Favourable Conditions of Work
- 16 Responsible Lending
- 17 Business and Human Rights Approaches to Intellectual Property
- 18 The Role of Human Rights in Investment Law and Arbitration
- 19 The Use of International Arbitration Tribunals for Business and Human Rights Disputes
- 20 Innovative Contractual Remedies with Indigenous Peoples
- 21 The Role of Ethics in Corporate Human Rights Impact Assessments
- 22 Addressing Human Rights Impacts in Sustainability Reporting
- 23 Leveraging the Consumer-Led Movement to Strengthen Sustainable Business
- 24 The Structural Complexity of Multinational Corporations and the Effect on Managing Human Rights Risks in the Supply Chain
- 25 Towards a UN Business and Human Rights Treaty
- Index
12 - Corporate Accountability for Corruption and the Business Case for Transparency
Published online by Cambridge University Press: 10 September 2021
Book contents
- The Cambridge Companion to Business & Human Rights Law
- Cambridge Companions to Law
- The Cambridge Companion to Business & Human Rights Law
- Copyright page
- Contents
- Figures and Tables
- Contributors
- Preface
- Cases
- Abbreviations
- 1 Business and Human Rights
- 2 Reconciling International Human Rights with International Trade
- 3 Neoliberalism, State-Capitalism and European Ordo-Liberalism
- 4 Corporate Governance and Corporate Social Responsibility
- 5 The Role of Business in International Development and the Attainment of the Sustainable Development Goals
- 6 The Business Case for Human Rights
- 7 The UN Guiding Principles on Business and Human Rights and Its Predecessors
- 8 The Regulatory Framework of Multinational Enterprises
- 9 The UN Global Compact and the OECD Guidelines for Multinational Enterprises and Their Enforcement Mechanisms
- 10 Taxation and Business
- 11 Corporate Accountability for the Natural Environment and Climate Change
- 12 Corporate Accountability for Corruption and the Business Case for Transparency
- 13 Disability, Business and Human Rights
- 14 Gender, Business and Human Rights
- 15 The Business Sector and the Rights to Work and Just and Favourable Conditions of Work
- 16 Responsible Lending
- 17 Business and Human Rights Approaches to Intellectual Property
- 18 The Role of Human Rights in Investment Law and Arbitration
- 19 The Use of International Arbitration Tribunals for Business and Human Rights Disputes
- 20 Innovative Contractual Remedies with Indigenous Peoples
- 21 The Role of Ethics in Corporate Human Rights Impact Assessments
- 22 Addressing Human Rights Impacts in Sustainability Reporting
- 23 Leveraging the Consumer-Led Movement to Strengthen Sustainable Business
- 24 The Structural Complexity of Multinational Corporations and the Effect on Managing Human Rights Risks in the Supply Chain
- 25 Towards a UN Business and Human Rights Treaty
- Index
Summary
A robust global legal regime holds business firms accountable for engaging in corruption. This chapter explicates that regime. This chapter also puts forth a business case for not engaging in corruption. Corruption imposes real costs on businesses, and degrades the quantity and quality of relationships into which they might enter. The chapter concludes with a discussion of measures that all businesses should take to mitigate the likelihood that persons associated with them will engage in corruption. Before discussing any of these topics, however, this chapter first discusses the definition of corruption and describes the harms corruption inflicts.
Keywords
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- The Cambridge Companion to Business and Human Rights Law , pp. 260 - 282Publisher: Cambridge University PressPrint publication year: 2021