19/04/231

The Capture of Corruption: The Capture of Corruption: Complexity and Corporate Complexity and Corporate CultureCulture

Dine

19/04/232

Definition of Corruption?Definition of Corruption?

International aid and lending institutionsIntegrity WarriorsOne-sided condemnation

19/04/233

British Virgin IslandsBritish Virgin Islands

Tax haven/money laundering400,000OECD black listHow else to make a living?

19/04/234

Pogge: Moral Deflection Devices Pogge: Moral Deflection Devices

Corruption as a moral deflection device?Primarily State OfficialsSmall State, Less Corruption?Scandinavian countriesWithholding aid

19/04/235

Poverty and CorruptionPoverty and Corruption

Poverty caused by corruption?Pathology of primitive nationsbut: corrupt regimes demand an

explanation.

19/04/236

Gang of Thieves v Coup D’EtatGang of Thieves v Coup D’Etat

International resource privilegeInternational borrowing privilegeDebt burden for incoming democratic

regimes

19/04/237

Companies and CorruptionCompanies and Corruption

Clash between market values and democratic public interest goals

De-regulation and aggressive capitalismMoments of business failure or

institutionalised corruption, MacLennan

19/04/238

ENRONENRON

Corruption as acts of individualsSkilling’s belief in innocenceAlpha male syndrome +Doing the company’s bidding: share value

maximisation

19/04/239

All pervasive companiesAll pervasive companies

Reforming corporate cultureInternalising externalities via internalising

regulationSystems of risk control

19/04/2310

Complexity of CorruptionComplexity of Corruption

Acting against the public interestBVI public?Shareholders?Recipients of the benefits of taxation?Which public interest counts?

19/04/2311

Socially Responsible CompaniesSocially Responsible Companies

Death of Tax Havens?Death of development aspirations of the

BVI