1. Creating the New Standards of Global Business

    HBR Blog Network (Feb 13 2012)

    1. Creating the New Standards of Global Business

      Business has become one of the primary players in structuring the global economy and, by extension, global governance.

      With corruption, many business leaders feel like it is something forced on their organization by unscrupulous politicians. But there is both a supply and demand side to corruption. You cannot have a market without both. And business is the supply side.

      Every decision to engage in corruption is reinforcing a corrosive and impoverishing practice. Every decision to resist corruption is an effort to forge a new norm for global business.

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