Conceptualization of Corruption in Business Organizations
Linus Osuagwu

Abstract
The ambition to achieve corporate goals and objectives in business organizations, in addition to the influences of cognate business environment, usually make managers of business organizations to design relevant managerial practices, policies and strategies. However, some of these managerial practices, policies and strategies may be associated with traces of corruption. This paper discusses, conceptually, corruption in business organizations with regard to its nature, causes/antecedents, consequences and remedies and proposes an empirical research direction to clarify these issues.

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