Corporate ethics

Speed money and honesty - good article on the prevalence of speed money in India.  This aspect is rarely discussed in the media, most articles read like PR releases.

A lot depends on the way you choose to do business.  When I worked in a professionally managed company (at a very junior level), one thing  I often heard was “the  government people know that  L*  (company name)  does not pay money,  the work gets done , but very slowly” .  That is why  L* has such a good reputation as a well managed company, every one has to follow the rules.  In a short time, you will grow slowly,  but then tomorrow no one can accuse  you of doing wrong.

Corruption is there every where , as one Malaysian minister put it, ” In Western countries, it is called networking,  in Asian countries corruption / nepotism” . Finally it depends on how big and financially strong you are.

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