FIGHTING CORRUPTION: A THEORETICAL ARTICULATION OF THE THEMES OF SOCIAL RESPONSIBILITY, CORPORATE GOVERNANCE AND AGENCY THEORY
DOI:
https://doi.org/10.21434/IberoamericanJCG.v11i00.149Keywords:
Corruption. Social Responsibility. Corporate Governance. Agency Theory.Abstract
Objective: Corruption, seen as the abuse or misuse of power or trust for one's own benefit, instead of the purpose for which that power or trust was granted, has caused problems for many countries and the principles of Social Responsibility through the models of Carroll and Schwartz and Corporate Governance (have been pointed out in the literature as a mitigating agent of this problem. On the other hand, other research indicates the need to be cautious when guided by the mentality of the Agency Theory which defends it as a neutral and sufficient instrument to mitigate corruption problems.
Method: This study consists of a theoretical essay based on a bibliographical survey that exposes the theme of Corruption, Social Responsibility, Corporate Governance and Agency Theory, surveying the different definitions, lines of research, lines of thought, supporting theories, dualities and conflicts that exist around the mainstream.
Results: The justification for the study is centered on the perception that there are studies that have dedicated themselves to empirically testing the relationship between corruption and the accounting environment of countries, but there have been few studies that have dedicated themselves to critically reflecting on the knowledge produced about this relationship.
Originality/Relevance: In the context presented, a good governance structure is recommended for effective administration and management in anti-corruption bodies. It was possible to see that the principles of Corporate Governance and Social Responsibility, which are Transparency (disclosure), Accountability and Fairness, are in line with the principles of Agency Theory, mainly related to ethics and morality in interpersonal relationships in organizations.
Theoretical/methodological contributions: As a contribution, it is intended to reflect on the need for organizations to contribute to the fight against corruption in their relations, as well as to the realization of a socially responsible administration through Corporate Governance and Agency Theory, with consonance between the objectives of shareholders and agents in an intermittent fight against corruption.
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