The Role of Multinational Companies in Corrupt Practices: The Case of Nigeria.

Simple item page
dc.contributor.authorOtusanya, J.O
dc.date.accessioned2017-10-16T09:00:28Z
dc.date.available2017-10-16T09:00:28Z
dc.date.issued2011
dc.descriptionTo access the full text of this article, kindly contact the University Librarian- Dr. Olukemi Fadehan via the administrators: Dr. Yetunde Zaid (yzaid@unilag.edu.ng) or Dr. Christopher Okiki (cokiki@unilag.edu.ng) of the University of Lagos Library.en_US
dc.description.abstractA number of studies and reports have associated corruption with the misuse of public office for private financial gain, but these studies have rarely examined in detail a major vehicle for bribery and corruption. This paper argues that some corporations are willing to increase their profits through indulging in bribery, corruption and money-laundering, which has a tendency to degrade the governing system in the developing country. The paper locates the role of MNCs within the broader dynamics of global capitalism to argue that the continued drive for higher profits and competitive advantages at almost any cost is not constrained by rules, laws and even regulatory action. The paper uses publicly available data to show that MNCs are the engines of corrupt practices in Nigeria. Evidence is provided to show that in pursuit of higher profits, MNCs have designed novel schemes to circumvent laws and regulations. The paper seeks to explore and demonstrate the intensification of the role of MNCs in anti-social practices in a developing country, even though this role is in contradiction of the claims of MNCs to be socially responsible and accountable.en_US
dc.identifier.citationOtusanya, O.J (2011), The Role of Multinational Companies in Corrupt Practices: The Case of Nigeria. International Journal of Critical Accounting, vol.3 (2-3)en_US
dc.identifier.issnhttps://doi.org/10.1504/IJCA.2011.039750
dc.identifier.issn1757-9848
dc.identifier.issn1757-9856
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2290
dc.language.isoenen_US
dc.subjectBriberyen_US
dc.subjectMultinational companiesen_US
dc.subjectCapitalismen_US
dc.subjectFinancial corruptionen_US
dc.titleThe Role of Multinational Companies in Corrupt Practices: The Case of Nigeria.en_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
The role of multinational companies in corrupt practices.pdf
Size:
275.65 KB
Format:
Adobe Portable Document Format
Description:
Abstract
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Accounting-Scholarly Publications