An index developed by Transparency International that scores countries on perceived levels of corruption in the public sector, ranging from zero (highly corrupt) to 100 (very clean).
Cronyism involves the appointment of friends and associates to positions of authority without proper regard to their qualifications. This term encapsulates practices that undermine meritocracy and can lead to the inefficiency and corruption of institutions.
Facilitation payments are small, unofficial payments made to expedite routine governmental actions. This entry explores the definition, implications, historical context, and legal considerations surrounding these payments.
An in-depth exploration of kickbacks, a form of bribery where return payments are made for preferential treatment, encompassing definitions, examples, historical context, implications, and related terms.
A pejorative term for a government engaged in corruption and embezzlement to increase the personal wealth of government officials. Characterized by the misappropriation of public funds for the benefit of the ruling elite.
Nonfeasance refers to the failure to perform an act that is required by law, whereas malfeasance pertains to the commission of an illegal act. This article explores the distinctions, examples, legal context, and implications of both terms.
An in-depth exploration of procurement, focusing on government purchases of goods and services, its importance, challenges, key events, and applicability.
The United Nations Convention against Corruption (UNCAC) is a global treaty aimed at preventing corruption and promoting transparency, integrity, and accountability.
Watchdog Journalism represents a facet of investigative journalism that meticulously scrutinizes and holds governmental, corporate, and other powerful institutions accountable for their actions, often uncovering corruption, wrongdoing, and inefficiency.
Individuals who actively search for and expose corruption among public officials or businesses, prominently during the American Progressive Movement (1890-1912).
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.