Reducing corruption and bribery in Africa as a target of the sustainable development goals: applying indicators for assessing performance

Hope, Kempe Ronald

doi:10.1108/jmlc-03-2021-0018

Cited by 15 publications

(15 citation statements)

References 25 publications

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“…Corruption manifests in various forms, including bribery, abuse of office and trading in influence. It takes place through several channels, such as theft and embezzlement, bribes and kickbacks, money laundering and other illicit financial flows and state capture (Hope, 2021; Hope, 2020). Corruption can be perceived from two perspectives: public and private.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…Countries have different corruption levels with the developing countries being at the top of the ladder. Hope (2021) observed between 2009 and 2013, Nigeria lost $25.3bn due to embezzlement of funds in oil subsidy scam through Nigerian national petroleum corporation. He further observed that between 2015 and 2018, the cost of bribes paid to public officials was estimated at $9.2bn.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…Furthermore, from corporate and country-level perspectives, corruption continues to affect social, economic and environmental aspects of nations. At the country level, corruption leads to slow economic growth by creating business uncertainty and a lack of trust in government and institutions (Hope, 2021). At the firm level, it adversely impacts management of public funds, good governance and market competitiveness.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…On the other hand, the "grease the wheels" hypothesis contends that corruption may lead to development through circumvention of laws, regulations and bureaucratic bottlenecks (Achim, 2017). Empirical evidence supports both the "sand the wheels" hypothesis (Jiang and Nie, 2014;Hoinaru et al, 2020) and the "grease the wheels" proposition (Absalyamova et al, 2016;Achim, 2017;Hope, 2021). Regarding the interaction between corruption and corporate governance, there seems to be a consensus that good corporate governance reduces corruption by mitigating agency conflict, minimizing coordination problems and preventing extortion demands from corrupt officials (Wu, 2005).…”

Section: Introductionmentioning

confidence: 95%

“…This means that if countries are to achieve the desired results in the assigned time, the public and private sectors must become active and practical partners to tackle challenges and create opportunities. In the public sector, corruption is arguably the most critical factor that could directly affect achieving meaningful development (Hope, 2021). Also, corporate governance is an important aspect of the private sector’s participation in the attainment of overarching objectives (Agyemang et al , 2019).…”

Section: Introductionmentioning

confidence: 99%

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Corruption, corporate governance, and sustainable development goals in Africa

Ahmed

Anifowose

2023

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Purpose The purpose of this study is to investigate the relationship between corruption, corporate governance and sustainable development goals (SDGs) in Africa. Design/methodology/approach The authors use panel data from 42 African countries over the period 2017–2020 and ordinary least square regression to test the research hypotheses. The authors also use alternative estimation techniques, including the fixed effect and random effect regressions and the generalized method of moment, to test the robustness of the results. Findings The results indicate that corruption negatively affects sustainable development (SD), whereas the effect of corporate governance is positive and significant. In addition, the positive influence of corporate governance on SD is stronger for countries with high corruption prevalence. Practical implications Policymakers may rely on the outcome of this study to formulate practical and implementable solutions around corruption and corporate governance that can help toward the achievement of the SDGs. Specifically, corporate governance mechanisms may be relied upon to achieve SD in countries with a high corruption prevalence. Social implications The social implication of this paper is that it demonstrates the adverse impact of corruption, which is rife in most African countries. Understanding corruption and the SDGs relationship will promote discussion with overarching implications for developing countries. Overall, the findings can sensitize society to the harmful effects of corruption and the positive effects of good corporate governance. Originality/value This paper contributes to literature and practice by demonstrating that corporate governance plays a significant role in the realization of national and global objectives such as the SDGs. This paper also provides novel evidence that corporate governance matters more in countries with a higher corruption incidence.

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Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 95%

Section: Introductionmentioning

confidence: 99%

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Corruption, corporate governance, and sustainable development goals in Africa

Ahmed

Anifowose

2023

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Public sector transparency and sustainable development: A focus on Sub‐Saharan Africa

Erin

Adegboye

Uwuigbe

2023

Journal of Public Affairs

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This study empirically addresses the relevance of public transparency in promoting sustainable development in Sub‐Saharan Africa. Using the generalized method of moments techniques in order to account for concerns of endogeneity and simultaneity, the study utilizes a panel of forty‐eight (48) countries in Sub‐Saharan African countries for the period 2000‐2019. We then establish the subsequent findings. Public transparency maintains overall positive net effects on both the human development index (i.e., social sustainability); adjusted net national income growth (i.e., economic sustainability), and renewal energy consumption (i.e., environmental sustainability). Overall, we establish that public transparency enhances sustainable development. This study recommends that policymakers should ensure that public transparency processes are enhanced in order to achieve the post‐2015 agenda.

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