Bribing is a worldwide phenomenon, affecting developed and developing countries. Researchers and legislators have mutually agreed upon the meaning of corruption as the misuse of public goods for private gains, and have recognized its negative influence on governance, society, and the economy. Political corruption fakes a serious complication to good governance and economic growth.
Though it sounds provocative, the exercise of bribery has both good and bad effects. But in an imperfect world where numerous steps of corruption are already present, is it ever virtuous and correct to pay bribes? Can an organization interested in bribes ever work healthier than one run impartially?
Bribery is a form of corruption, which refers to the misuse of delegated power for remote gain which means there won’t be bribery without corruption. Yet from the economic point of view, the bribe done by public officials can be justified.
In communist countries the positive effects of corruption in terms of better proficiency were noticeable. Management-level corruption enlarged the proficiency of central planning by modifying its rigidness. In addition to that powerful forms of corruption were used positively to alleviate shortages of goods caused by the unproductive circulation of goods and unfair prices.
Even though most of the laws say that the practice of bribery could not be justified legally, there is a substantial variance between legal and ethical standards. The practice of bribery is used as a resource to influence a person to infringe on his or her official roles or duties. Bribery could be ethically reasonable where these official roles or duties are themselves already ethically unjustifiable.
It’s much easier to argue bribing public officials is not acceptable from a decent point of view. It is usually assumed that bribery raises numerous proper concerns: it’s a biased tool used by people whose motivation is to avoid conventional legal rules of corporate struggle to assure self-centered profitable gains. The effects of bribery are less harmful if citizens are pleased with the facilities they obtain.
The practice of bribing public officials weakens the concept of a free market and market competition, in which the seller who offers the best services and products at the lowest price should win the sale.
Note:- We try our level best to avoid any kind of abusive content posted by users. Kindly report to us if you notice any, [email protected]