Morality, ethics and accounting's socio-economic role in the control and mitigating of corruption

Abstract

Control and containment of corruption, one of Accounting’s more important roles in society, is fraught with difficulties and temptations that put accountants at risk of being sidetracked, confused or (worse yet) corrupted. This paper evaluates what accountants can and should do about corruption. This paper draws from an earlier study on corruption’s socio-economic and moral aspects to redefine it as the tort “harm arising from a breach of an owed a duty of care” (Alzadjali, 2009a).