Corporate Governance: An Antidote to Corruption. Examples/lessons learned in Bulgaria and transition countries
Corporate Governance: An Antidote to Corruption. Examples/lessons learned in Bulgaria and transition countries
Author(s): Todor Yalamov, Boyan Belev
Subject(s): Politics / Political Sciences, Social Sciences, Economy, Law, Constitution, Jurisprudence
Published by: Център за изследване на демокрацията
Summary/Abstract: The phenomenon referred to as corruption comprises the sundry forms of abuse of power (economic, political and administrative) which all result in obtaining personal or collective benefits to the detriment of the rights and lawful interests of an individual, groups or the whole society. Corruption hinders development virtually everywhere, thus harming the social, political, and economic life of any society. It distorts choice, increases costs of products and services, promotes unproductive investment, contributes to decline of living standards and undermines democracy and societal integrity.
Series: CSD Corruption-Monitoring
- Page Count: 5
- Publication Year: 2001
- Language: English
- Content File-PDF