Corporate corruption and governance--from the perspective of China

DOI

10.2991/febm-17.2017.20How to use a DOI?

Keywords

corporate corruption, corporate social responsibility, stakeholders, CSR pyramid model, case analysis, GlaxoSmithKline (GSK)

Abstract

Corruption is a difficult problem that troubles developing and developed countries. With economic development and globalization, the number and extent of corporate corruption have increased to gain advantages over competitors in commercial transactions. This article introduces the definition, and causes of corruption in China. Supported with Carroll's corporate social responsibility pyramid model and Freeman's stakeholder theory, it explains the difficulties made by corruption in fulfilling corporate social responsibility and the necessity of anti-corruption. Finally, it puts forward some feasible ways to control corporate corruption through analysis of the GlaxoSmithKline bribery case.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hong Wang
AU  - Sichang Wang
PY  - 2017/10
DA  - 2017/10
TI  - Corporate corruption and governance--from the perspective of China
BT  - Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017)
PB  - Atlantis Press
SP  - 147
EP  - 153
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-17.2017.20
DO  - 10.2991/febm-17.2017.20
ID  - Wang2017/10
ER  -