Capitalism and transparency

Murphy, Jonathan Richard 2011. Capitalism and transparency. Critical Perspectives on International Business 7 (2) , pp. 125-141. 10.1108/17422041111128212

Full text not available from this repository.

Abstract

Purpose – The purpose of this paper is to critically examine the international NGO Transparency International's (TI) role in combating corruption, focusing particularly on TI's response to the global financial crisis of 2008. Design/methodology/approach – The paper is based on a review of scholarly articles, newspaper reports, and TI publications. Findings – The paper concludes that TI's uncritical approach to the functioning of international capitalism limits its ability to understand and challenge the systemic causes of corruption. Further, TI's attention to the manifestations rather than causes of corruption leads it to unfairly identify corruption as a failing of the global South rather than an inherent feature of international capitalism. Originality/value – The paper demonstrates how TI's failure to address the widespread unethical conduct which was at the root of the global financial crisis derives from the organization's partial, legalistic and superficial definition of corruption.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HG Finance
Uncontrolled Keywords:	Capitalist systems ; Corruption; World economy
Publisher:	Emerald
ISSN:	1742-2043
Last Modified:	10 Oct 2017 13:40
URI:	https://orca.cardiff.ac.uk/id/eprint/17889

Citation Data

Cited 21 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item