Annotated Bibliography

Abou-Moghli, Azzam; Al-moumany, Salam; Al-Abdallah, Graith. “The Role of the Disclosure and                Transparency in Combating Financial and Administrative Corruption: A Field Study on Jordanian             Public Joint-Stock Industrial Companies listed in Amman Stock Market.” Interdisciplinary Journal       of Contemporary Research in Business 5.4 (2013): 368-381. Web. 27 March 2015.

                The authors of the article describe the importance of being transparent and honest with the financial data gather within the company. With so many people worrying about corruption and things it brings along, companies are required and pretty much obligated to show the public everything within the books. Accountability has also taken on a bigger role within the financial industry. Companies are required to go through certain regulations and processes every year in order to prevent any intentional or unintentional mishaps. That being said, the information that is needed for stockholders and business executives to make educated decisions must be readily available and completely authentic. The decisions made by these guys and gals should not be based upon falsified information. The hope is to prevent the leaking of misleading information and properly examine the role of disclosure and transparency in combating corruption.

Duoqi, Xu. “Implications of the Financial Crisis for China’s Information Supervision and Curbing of             Financial Corruption.” Social Sciences in China 32.4 (2011): 207-220. Web. 27 March 2015.

                Duoqi writes about how crises are a result of the failures of the current corruption prevention mechanisms in place. He states that a large amount of corruption can be attributed to financial corruption which has given rise around the world. Examples provided will bring light to the overall grasp of corruption. It doesn’t only affect the United States, most other countries are plagued by corruption. This article will help identify some the problems related to corruption. The reason why is that people are making huge violations against financial information disclosure policy. These people were trying to cheat the system, some of them succeeded and now we are paying the consequences. Duoqi suggests that supervision and regulation are the best fitted combatants in the battle against corruption. In doing so, this allows any business, government, or any other entity to become transparent. This builds trust within the relationship between parties and it allows for easy decision making. The articles also focuses on the act of rebuilding the system to fight financial corruption and how we should focus on improving information disclosure, building an effective sharing mechanism, and integrate all supervisory resources into one. The information within the text will help me build up the prevention side of corruption.

Duska, Ronald. “Corruption, financial crisis, and financial planner.” Journal of Financial Service    Professionals 63.2 (2009): 14-16. Web. 23 March 2015.

                Duska analyzes the public’s reaction to the 2008 financial crisis in the U.S. He stated that when a crisis occurs, many questions are thrown straight into the air. What caused this to happen? Is this an ethical issue? He suggests that this specific crisis was caused by individuals within our society who have been influenced by corrupt practices and culture. The article also reviews the investment bank fraud that took place within America and how it not only affect us but the entire world economy. Duska also takes time to explain the current representation system within the U.S which is known as lobbying. Towards the tail-end of the article, he brings in philosophical evidence that goes against the U.S. economy and business world. This article provides information that gives specifics examples of financial corruption and how it took place. This is useful for identifying errors within the current system and what actions should be taken in order to fix them. It also provides routes of connection between some of the other information researched.

Harrison, Elizabeth. “Corruption.” Development in Practive 17.4-.5 (2007): 672-676 Web. 21 Mar 2015.

                Harrison argues that the assumptions about corruption should be properly cleared up. She hopes to identify what corruption means and how it is attributed in certain situations. How does corruption affect different people? How does corruption operate and vary? These are some of the questions that Harrison answers within the text. She give light to anti-corruption activities and how they are instigated at the international level then to the national and local stages. The article really speaks to the citizen subcategory. People want to know the truth and if not, how can it be remedied. The article also does a good job of identifying and defining words related to corruption. Examples such as bribery and nepotism to name a few. Harrison also includes compounding research on the Corruption Perceptions Index. Harrison’s article will really help build my anti-corruption research. Properly identifying the types of corruption and how they are used and stopped perhaps, will aid me clarifying any assumptions that are present. Having specific incidents where policy failed and corruption occurred will provide factual evidence to support claims.

Stevens, Betsy. “How Ethical are U.S. Business Executives? A Study of Perceptions.” Journal of Business               Ethics 117.2 (2013): 361-369. Web. 23 March 2015.

                Steven’s article look at a study of the perceptions that U.S consumers have towards business executives’ ethics within the U.S. The study also considers the psychological state of the citizens and how that may affect their perceptions. The data provided within the article is taken directly from Gallup. Gallup is a data driven research firm and one of the leaders in public opinion reports, polls, and analytics within the U.S. Stevens also highlights some of the historic scandals that have taken place within the U.S. and worldwide and how these respective countries have dealt with and improved the systems at fault. Changes in Congress such as the Sarbanes-Oxley Act were put into place to prevent falsified documents from being released to the American public. Farther into the article, Stevens reviews a case study done to compare people’s views on the ethics of other professionals as related to business executives. She also includes a section on the Corruption Perception Index which rates each country relative to the level of corruption existing within. This information will be useful when building an argument for the battle against corruption. The article also provides a look into the minds of U.S. citizens and how they view their own business executives. The way people think about the ethics of authoritative figures has an effect on the corruption itself. There are plenty of examples within the article depicting events where corruption was taking place. This provides the argument with facts that are able to be built upon.