Corruption in the Private Sector

There is a dire need for an economic upheaval

when it comes to the elimination of corruption within the system. Once this toxic element is completely removed from society, then only can the wheels to economic growth start turning. Those in the public sector has always been notorious for being the banner men of corruption but it has also been found that the matter has spun so out of control that no part of society is truly free from it.

As the private sector too is reeling from the blunt force trauma that it has repeatedly received as a result of corruption, many have begun to accept it as it is and move on with business. Businesses have also begun to partake in bribes and corruptive actions which ultimately lead towards a deterioration of not only the business in question but are also chipping away at the economy as whole. Asot Michael Anti Corruption works towards the reestablishment of a society free of corruptive influences.

Many businessmen, similar to Asot Michael Anti Corruption, are of the view that this corruption has originated from that which is present in the public sector. As businessmen view the many benefits that corrupt individuals have received as a result of their corruptive actions, they too want to take the easy way out. What they don’t realize is the collective damage they are implementing on citizens.

The biggest barrier to the elimination of corruption within the private sector is that of its nonchalance acceptance. Most companies d not operate without it and quite simply put know no other way of doing business. Another factor recognized by the Asot Michael Anti Corruption is the lack of action that is taken against those dabbling n corruption. Since there is no remorse or fear of reprimand, businessmen are free to do as they choose resulting in the exploitation of employees who work for them.

What has allowed the issue to multiply like rabbits however is the fact that businesses refuse to take the issue seriously enough. The primary motives of a business have always been fairly dichotomous. Since the dawn of time they have simply worked towards the creation of profit and the elimination of losses. Since corruption falls in conjunction with their primary motives, there is no reason for any internal action to be taken to curtail such behavior. This lack of heck on actions such as this is what the Asot Michael Anti Corruption Initiative will challenge.

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