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JOURNAL OF LEADERSHIP, ACCOUNTABILITY AND ETHICS
A New Paradigm of Corruption to Aid in Its Control and Dispel
Its Sweet-spot Myth
Author(s): Mahir Al Zadjali, Christopher S. Wright
Citation: Mahir Al Zadjali, Christopher S. Wright, (2012) "Redefining Entrepreneurship: A Virtues and Values Perspective," Journal of Leadership, Accountability and Ethics, Vol. 9, Iss. 1, pp. 34 - 51
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This study suggests that our anticorruption tools are fundamentally weakened by flaws in how corruption
is conceptualized. After inferring an ideal definition of corruption, this study re-conceptualizes corruption
as a breach-of-duty-of-care tort that is resolvable via the civil-courts. Stimulated by ambiguities in the
concept of corruption, some researchers argue for a corruption sweet-spot. After reconsidering key socioeconomic
effects of corruption, this study concludes that corruption always harms society, many victims
of corruption seek to offset or deflect harm by competing in the market for corruption and such
competition (by inflating corruption) can precipitate cascading failures in society.
