ABSTRACT

Corporate scandals involving corruption continue to dominate media headlines and have generated well-deserved concerns throughout both the business world and the society as a whole. Often, tendencies for quick gain at the expense of competitors and unsuspecting customers create ripple effects that permeate corporate culture and leads consumers and investors to feel increasingly vulnerable (Agbenya & Daniel-Gittens, 2005). Whereas corruption has become a term with many potentially different meanings and encompasses a variety of criminal and civil violations, it is clear that the issue must be dealt with effectively on a global scale.