Pushing Corruption and Money Laundering into Reverse Momentum

4区 计算机科学 Q1 Computer Science
Ejike Ekwueme
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引用次数: 0

Abstract

In this article, the author emphasizes how corruption and money laundering have caused incalculable economic damage to society. The two problems are intricately linked and very difficult to separate. The board of directors should introduce an enhanced corporate governance mechanism(s) alongside other countermeasures in order to minimize weaknesses in the current system. In exercising their corporate function(s), aside from other committees, the board should focus more on the audit committees. It is very important that the board uses the services of competent non-executive directors (NEDs) on the audit committees. NEDs should monitor the authenticity of audit reports and minimize the occurrence of fictitious financial reports that aid fraud. Efforts at whistle-blowing should be encouraged with rewards by the board for curtailing fraud through such brave conduct. Fictitious and vexatious reports should not go unpunished. The time is ripe for boards to focus on corporate ethics and make sure that they are practised across the entity from ‘the top to the shop floor’. The corporate culture should be seen to nurture the best behaviour in people. This approach has very strong potential to minimize fraudulent and dishonest behaviours that translate into corruption and, by implication, money laundering. Keywords: corruption; money laundering; board of directors; whistle-blowers; non-executive directors; corporate ethics
反贪污反洗钱
在这篇文章中,作者强调了腐败和洗钱是如何给社会造成不可估量的经济损失的。这两个问题错综复杂地联系在一起,很难分开。董事会应引入完善的公司治理机制和其他对策,以最大限度地减少现有制度的弱点。董事会在行使公司职能时,除其他委员会外,应更多地关注审计委员会。董事会在审计委员会中聘请称职的非执行董事(NEDs)是非常重要的。需要监督审计报告的真实性,尽量减少助长舞弊的虚假财务报告的发生。检举行为应该得到鼓励,董事会应该奖励那些通过这种勇敢的行为遏制欺诈的人。捏造和无理取闹的报道不能不受惩罚。董事会关注企业道德的时机已经成熟,并确保从“高层到基层”的整个企业都在践行企业道德。企业文化应该被视为培养员工的最佳行为。这种方法具有很大的潜力,可以最大限度地减少转化为腐败和洗钱的欺诈和不诚实行为。关键词:腐败;洗钱;董事会;告密者;非执行董事;企业伦理
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Advances in Computers
Advances in Computers 工程技术-计算机:软件工程
CiteScore
5.40
自引率
0.00%
发文量
58
审稿时长
>12 weeks
期刊介绍: Since its first volume in 1960, Advances in Computers has presented detailed coverage of innovations in computer hardware, software, theory, design, and applications. It has also provided contributors with a medium in which they can explore their subjects in greater depth and breadth than journal articles usually allow. As a result, many articles have become standard references that continue to be of significant, lasting value in this rapidly expanding field.
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