Competing with Integrity and Ethical Decision-Making challenges students to consider their responsibilities as a business leader more broadly than simply from financial, market, or legal perspective. There can also be human, social, or legal consequences from their decisions. The human and social impact of decisions should be considered at the time these decisions are being made. The distinction between integrity and ethics is explored, and differences between ethical and legal behavior are discussed. Major moral philosophies and ethical frameworks are presented and compared. Examples are provided from multiple industries. The Foreign Corrupt Practices Act (FCPA), the Corruption Perceptions Index from Transparency International, and the Integrative Social Contracts Theory (ISCT) are presented. Ethical use of artificial intelligence is seen as an emerging concern for global leaders. The chapter ends with a set of personal guidelines for dealing with ethical dilemmas for global leaders to consider.

Why should countries improve on controlling corruption? While many theories exist to explain economic development, the trendier ones just attribute merit or blame to the quality of governance. But the question of how governance can change to become less corrupt is seldom studied. Chapter 3 reviews the most frequently proposed theories of change and the evidence in favor of the primacy of politics, as opposed to economic development, in the control of corruption. It also looks at how trade and globalization affect corruption and what role international factors play, from trade to global regulation in the form of treaties or anti-bribery conventions. A model of transformation is offered alongside a discussion on how international factors play into it.