dc.contributor.author | Velamuri, SR | |
dc.contributor.author | Harvey, WS | |
dc.contributor.author | Venkataraman, S | |
dc.date.accessioned | 2017-03-24T09:26:08Z | |
dc.date.issued | 2017-03-23 | |
dc.description.abstract | In environments with widespread corruption, most business leaders hesitate to take a firm stand against corruption. However, research conducted in Egypt, Zimbabwe, and India shows that organizations should view building a strong ethical reputation in such environments as an opportunity to differentiate themselves. To do this, companies can follow four steps. First, frame their ethical behavior in a way that resonates with as wide a network of stakeholders as possible. Second, understand that there are gradations of corruption. Third, acquire a fine-grained understanding of their stakeholders. Fourth, strategically build partnerships with high-status individuals and organizations, a tactic referred to as “reputation borrowing.” | en_GB |
dc.identifier.uri | http://hdl.handle.net/10871/26774 | |
dc.language.iso | en | en_GB |
dc.publisher | Harvard Business Publishing | en_GB |
dc.relation.url | https://hbr.org/2017/03/being-an-ethical-business-in-a-corrupt-environment | |
dc.rights.embargoreason | Under indefinite embargo due to publisher policy. | en_GB |
dc.subject | Ethics | en_GB |
dc.subject | Reputation | en_GB |
dc.subject | Corruption | en_GB |
dc.title | Being an Ethical Business in a Corrupt Environment | en_GB |
dc.type | Article | en_GB |
dc.identifier.issn | 0017-8012 | |
dc.description | The final version is available from Harvard Business Publishing via the URL in this record | |
dc.identifier.journal | Harvard Business Review | en_GB |