

Can Private Sector Anti-Corruption Collective Action Find Renewed Importance?
Strong corporate governance, business ethics and robust compliance, underpinned by clear laws and effective enforcement, are critical to combat corruption. However, in its seminal 2008 Fighting Corruption through Collective Action: A Guide for Business, the World Bank Institute documented “a third area”: tools “that allow companies to come together collectively and voluntarily to raise practice standards and to reduce corruption,” including “integrity pacts…

Marc Schleifer
2 days ago3 min read