Sainati, Tristano;
Dei, Giacomo;
Castro, Armando;
Locatelli, Giorgio;
(2023)
Code of Ethics and the Anticorruption Fight in the Construction Industry.
In:
Academy of Management Proceedings, 2023(1).
Academy of Management
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Abstract
This study investigates how construction companies’ Codes of Ethics (CoEs) address anti-corruption. This is the first research of its kind to leverage a thematic analysis of the CoEs of the world’s largest construction companies. Our findings indicate there are still controversial areas in construction companies’ CoEs related to anti-corruption, specifically facilitation payments and whistleblowing processes. We explore how CoEs of Construction companies are not aligned in terms of the harmful effects of facilitation payments, providing contrasting guidelines. We also emphasize the importance of internal whistleblowing processes in CoEs, including anti-retaliation measures and increased whistleblowing opportunities through multiple and anonymous reporting channels. Our findings contribute to the discussion by highlighting some of the main limitations affecting CoEs in the construction sector. We emphasize the missed opportunity of construction companies in increasing anti-corruption standards compared with the existing law. CoEs may provide partial value in specifying bespoke legal provisions in more detail, though many CoEs still lack sufficient details concerning areas such as managerial accountability and whistleblowing.
| Type: | Proceedings paper |
|---|---|
| Title: | Code of Ethics and the Anticorruption Fight in the Construction Industry |
| Event: | Academy of Management Annual Meeting |
| Location: | Boston |
| Dates: | 9 Aug 2023 - 13 Aug 2023 |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.5465/AMPROC.2023.19272abstract |
| Publisher version: | https://doi.org/10.5465/AMPROC.2023.19272abstract |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | AOM Annual Meeting Proceedings 2023, AOM Boston 2023, Social Issues in Management |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10176836 |
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