Corruption and Governance in International Business: Risks, Rules and Remedies (702M3)
30 credits, Level 7 (Masters)
You are given an overview of the types and patterns of corruption, including bribery in international business, state capture and facilitation payments - building on and recapping the session on the Interdisciplinary Approaches module.
You also look at:
You consider the legal environment and corporate responses, such as:
- the theory of legislating against bribery, looking at Optimal Deterrence theory and the Klitgaard approach to anti-corruption
- the main Anit-Bribery laws and conventions, covering FCPA/OECD ABC/Bribery Act
- analysing changing enforcement patterns and new developments
- discussing exceptions such as facilitation payments, and then evaluating the main corporate responses to AB laws (compliance, risk assessment, corporate disclosure and reporting). This section will include a teaching case based on a recent enforcement.
You also look at Voluntary Private Regulation and Collective Action Initiatives. This will start by elaborating on the theory of collective action and clubs, before evaluating some key industry initiatives, with engagement from external speakers, such as EITI, Maritime Anti-Corruption Network, PACI, and TI guiding principles.
Teaching and assessment
We’re currently reviewing teaching and assessment of our modules in light of the COVID-19 situation. We’ll publish the latest information as soon as possible.
Contact hours and workload
This module is approximately 300 hours of work. This breaks down into about 20 hours of contact time and about 280 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.
This module is running in the academic year 2020/21. We also plan to offer it in future academic years. It may become unavailable due to staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of such changes to modules at the earliest opportunity.
This module is offered on the following courses: