Misconduct Flashcards
(5 cards)
What forms does misconduct take in public life
- Conflict of Interest
- Abuse of Power
- Maladministration
- Waste & Inefficiency
- Corruption
- Nepotism
- Fraud
- Extortion
- Discrimination
- Use of Force
- Kleptocracy
What forms does misconduct take in business ?
- Influence Peddling
- Abuse of office
- Maladministration
- Consumer and Shareholder Deception
- Insider Trading
- Corruption
- Tax Fraud
- Accounting Fraud
- Illegal Practices (Labour / Environmental)
What are the causes / enablers of misconduct
Values and Norms
* Attitudes
Leadership styles
Legislation
Weak Oversight & Accountability
* Absent oversight or sanctions
* Absence of civic culture
* Censorship or intimidation
Vulnerable Processes
* Risk Assesment
* Security
* Decision making systems
* Reward Schemes
What are the affects of miscoduct ?
Based on 4 criteria
Political
* Trust erosion
* Political instability
* Inefficiency
* Radicalisation of poor
* Vulnerability to crime
Economic
* Foreign Direct Investment
* Misallocation of resources
* Loss of revenue
* Unemployment
* Poverty
Environmental
* Degradation
* Loss of resources
* Bad urban growth
* Loss of heritage
Social
* Inequality
* Violation of rights and freedom
* Disruption of social institutions
* Exploitation of vulnerable groups
How to prevent Misconduct
Leadership
* Organisational Culture
* Management Style
* Self-Awareness
Institutional Design
* Broad cultural-patterns
* Vitures and values
* Legislation
Professional Standards
* Education & Training
* Codes of Conduct
* Accountability