Seven years ago, the UN General Assembly designated December 9 as the International Anti-Corruption Day. One of the underlying reasons for doing this was to promote the UN Convention against Corruption (UNCAC) as an effective anti-corruption tool.
UNCAC goes a long way in laying out a series of concrete and important steps that governments must put into place to improve transparency and increase international cooperation in going after corrupt public officials. It is putting pressure on governments to go beyond talking about corruption and at least do something about it.
Yet, as Michael Hershman, CIPE’s Board Member and co-founder of Transparency International, notes in his interview with us – that is not enough. The private sector should and can play an active part in fighting corruption. In fact, he argues that companies are better positioned than governments in many corrupt countries to lead anti-corruption efforts. Why is that the case? You’ll have to watch the interview to find out: