Home > Economia e Política no Mundo > A Corrupção no Mundo Corporativo: O Exemplo dos Países Ricos

A Corrupção no Mundo Corporativo: O Exemplo dos Países Ricos

“Advanced economies with “good governance” are facing alarming incidents of business corruption at the highest levels. […] The world is drowning in corporate fraud, and the problems are probably greatest in rich countries – those with supposedly “good governance”. Poor-country governments probably accept more bribes and commit more offenses, but it is rich countries that host the global companies that carry out the largest offenses. Money talks, and it is corrupting politics and markets all over the world. Hardly a day passes without a new story of malfeasance. Every Wall Street firm has paid significant fines during the past decade for phony accounting, insider trading, securities fraud, Ponzi schemes, or outright embezzlement by CEOs. […] Corporate corruption is out of control for two main reasons. First, big companies are now multinational, while governments remain national. Big companies are so financially powerful that governments are afraid to take them on. Second, companies are the major funders of political campaigns in places like the US, while politicians themselves are often part owners, or at least the silent beneficiaries of corporate profits. Roughly one-half of US Congressmen are millionaires, and many have close ties to companies even before they arrive in Congress”

“So the next time you hear about a corruption scandal in Africa or other poor region, ask where it started and who is doing the corrupting. Neither the US nor any other “advanced” country should be pointing the finger at poor countries, for it is often the most powerful global companies that have created the problem”

– Jeffrey Sachs,  The global economy’s corporate crime wave

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