ISSN 2581-5369
HeinOnline, MANUPATRA, Google Scholar Indexed
An Analysis the Impact of Corruption with respect to the Working of the Company from the Outlook of Indian Legal Framework
-
M. Jeya Prathiksha
LL.M. student at SRM School of Law, India
Abstract
Corruption refers to wrongful act or criminal offences committed by individuals’ organization in positions of authority to abuse power of person gain. Corruption affects markets and promotes unfair competition. Companies frequently pay bribes or manipulate bidding to secure public/private procurement contracts. Private firms wield enormous power in many public areas. So it's clear how corruption in private-sector enterprises undermines taxpayers' interests, helps consumers, and effectively paralyzes the entire system.
Keywords
Type
Research Paper
Information
International Journal of Law Management and Humanities, Volume 7, Issue 5, Page 2137 - 2144
DOI: https://doij.org/10.10000/IJLMH.118480Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright
Copyright © IJLMH 2021