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4419828
Private Sector Corruption Prevention
Descripción
Develop an alternative solution to reduce national corruption level through corporates
Sin etiquetas
anti corruption
shared value
bussiness ethics
corruption prevention
myresearch
1
Mapa Mental por
diazma a
, actualizado hace más de 1 año
Más
Menos
Creado por
diazma a
hace más de 8 años
24
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Resumen del Recurso
Private Sector Corruption Prevention
Background
Facts
Corruption cases history, involving corporation
Private sector contribution to the national econimic
The importance of firm roles in reducing national corruption level
Purpose
How to involve corporation in reducing corruption ?
Problem Identification
Illegal business practices
Possible reasoning
Business nature
Sandell Theory
Extortion
Bad System
Regulation
Existing regulations
Comparison with other country
Regulation improvement possibility
Unfair competition
Negative Impacts
Cost of Bribe is increasing significantly
Low competitive advantage
Creating unfavorable business environment
Legal risk
Alternative Solutions
Regulations for private sector
Anti Corruption Shared Value
Concept
Supporting Theory
Porter
Kotler 3.0
Nota:
Linking with the latest marketing theory
How it works
Nota:
How can anti corruption shared value contributes to the reduction of national corruption level
Benefits
Contributes to the nations
Reduce cost of doing business
Nota:
Reduce red tape + facilitating payments
Encourage the government to provide better service
Improve national corruption perception index
Nota:
Involving business as the actor of corruption prevention and also change the perception of business people
For the company
Increases company competitiveness
Increases customer trust
Improve company's sustainability
Gain employee trust
Improve company reputation
Increases shareholder value
Lower cost of fund (creditor point of view)
Attract investor
Reduce legal risk
Increase sanction for corporate involved in bribery
LKPP
KPPU
Supporting Laws ?
What needs to do
Phase I
Campaign
Anti Bribery Campaign
Engage with Firms as much as possible
Phase II
Commitment
Published in corporate annual report
Nota:
Including corporate annual report
Audited by CPAs
Ratings System
1. Anti-Bribery as Corp. policy
2. Anti-Bribery employ in Company's internal regulation
3.Periodic Anti-Bribery and Gratification training for executives
4. Proven in a year financial report
Maintain
Nota:
Part of audit subject
Discussion Forum
Nota:
To facilitate any complaint from companies. Conducted by KPK per semester.One event is on anti corruption day involving related government bodies.
Phase III
Rewarding (Create Dependency)
Create Stock market Index
Nota:
for shared certain value categories including anti corruption shared value idea) combined with SRIKEHATI index
Existing condition ?
Persuade Credit ranking Agency
Pefindo
Persuade Lenders Institution
Implementation
Challanges
Ignorance possibility
Nota:
they can't see the benefits and only consider the costs
Costs
lost from competitor
short term obstacle in running the business
Nota:
Due to red tape (bureaucracy)
No instant benefit
Ceremonial without further commitment
Slide sequence
1. APLN Stock Performance
2. Adressing Corporate Corruption issue
Risk mitigation calculation
3. How to mitigate the risk
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