'We are not a society of saints'

South African Journal of Business Management

 
 
Field Value
 
Title 'We are not a society of saints'
 
Creator Etheredge, D. A.
 
Subject — —
Description In this article, the author illuminates the phenomena of corruption in the South African society. Not only does he illustrate that corruption needs to be contained, but he also suggests that companies, large and small, public and private are not doing enough to minimize the incidence of corruption. The author then proceeds to scrutinize four ways of restricting corruption:- Legislation. Although he does not favour the option of legislation, he demonstrates that the introduction in the USA of the Foreign Corruption Practices Act led to substantial changes in company behaviour and practice.- Behaviour. The author suggests that companies spell out in clear terms what is considered acceptable and legitimate behaviour and what is not. These policy guidelines must then be implementable in practice.- Education. In the long term, the author suggests, society must be educated and re-educated in business ethics. Clearly, business schools would be the ideal instrument to carry the awareness into the business community.- Audit. The author proposes that the audit is the best way of dealing with corrupt practices. Management must install the systems and internal controls; and must ensure that the internal audit team is composed of high quality people who will not deviate from their task objective. In this respect the computer - despite its own security problems - could be of great importance.
 
Publisher AOSIS
 
Contributor
Date 1983-09-30
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/sajbm.v14i3.1157
 
Source South African Journal of Business Management; Vol 14, No 3 (1983); 125-129 2078-5976 2078-5585
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://sajbm.org/index.php/sajbm/article/view/1157/1097
 
Coverage — — —
Rights Copyright (c) 2018 D. A. Etheredge https://creativecommons.org/licenses/by/4.0
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