This course is part of the Business Strategies for A Better World Specialization

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518 ratings

Philip Nichols

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Business Strategies for A Better World SpecializationUniversity of Pennsylvania

About this Course

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You can't understand the world today if you don't understand corruption. Every day, we see high-level government officials resigning, governments changing, hundreds of thousands of people standing in squares, holding up signs, and often risking their lives to protest the corruption in the world. It's critically important to the health of our societies to understand what people are protesting against. We want to understand corruption. This course is designed to teach you about what corruption is, what causes corruption, the effects of corruption, and how to control corruption. We'll be talking about this from a global perspective using examples from all over the world. We'll also be talking about corruption from the perspective of countries, governments, businesses, citizens, and the people within these entities. At the end of this course, you'll have a better understanding of why the world is changing according to the path of corruption. If you're in a position to make changes within your respective entity, to make decisions about corruption, you'll be able to make better decisions.

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Course 2 of 4 in the

Business Strategies for A Better World Specialization

Intermediate Level

Approx. 7 hours to complete

English

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 2 of 4 in the

Business Strategies for A Better World Specialization

Intermediate Level

Approx. 7 hours to complete

English

Instructor

Instructor rating

4.79/5 (51 Ratings)

Philip Nichols

Professor of Legal Studies and Business Ethics

The Wharton School

16,266 Learners

1 Course

Offered by

University of Pennsylvania

Syllabus - What you will learn from this course

Content Rating97%(2,095 ratings)

Week1

Week 1

2 hours to complete

Week 1: What is Corruption?

Corruption affects us all and millions of people around the world protest against it every day. What is corruption? How do we know it when we see it? This module is designed to give you an understanding of both the definition and the key components of corruption. You’ll learn about the general and legal definitions of corruption, how to measure it using the Corruptions Perceptions Index, examine the history of corruption, and evaluate where corruption takes place in the world. You'll also learn three major theories that attempt to explain the current "Eruption in Corruption" that we are facing today. By the end of this module, you’ll be able to explain what corruption is, how it is measured, the costs of corruption, and how corruption spreads so that you can begin identifying and measuring corruption where it affects you.

2 hours to complete

4 videos (Total 48 min), 1 reading, 1 quiz

Week2

Week 2

1 hour to complete

Week 2: Societal Level Effects

In this module, you'll explore the extensive effects of corruption, including its economic, social and psychological costs. You'll learn how corruption leads to the informal creation of parallel institutions, such as loansharking and black markets, and see the role decision makers play in enabling the spread of corruption. You'll also learn how trust is jeopardized, and how this loss of trust inhibits economic and social development. You'll examine the social costs of corruption, including decreases in the quality of infrastructure and in environmental quality, increases in terrorism and infant mortality, and other threats to human security. At the end of this module, you'll be able to outline the comprehensive effects of corruption so that you can determine strategies for addressing them.

1 hour to complete

4 videos (Total 49 min), 1 reading, 1 quiz

Week3

Week 3

2 hours to complete

Week 3: Individual Firm Level Effects

This module was designed to help you explore the ethics behind corruption through external and internal relationships. You'll learn about the time and monetary costs of corruption, perspectives on the benefits of bribery, and the characteristics of a strong ethical climate. You'll also learn how to identify indirect costs of corruption, including those that are easy to predict, like fines and settlements, and those which are harder to quantify, such as effects on an individual's reputation. At the end of this module, you'll be able to define corruption as part of a relationship, outline the costs of corruption on those relationships, and categorize the sanctions, both predictable and unpredictable, imposed on corrupt entities.

2 hours to complete

4 videos (Total 55 min), 1 reading, 1 quiz

Week4

Week 4

3 hours to complete

Week 4: Corruption Control

In this module, you will learn the main theories about control of corruption. You'll explore whether or not corruption can be controlled. Then, you'll examine the different ways corruption can be controlled: firms, industries, and polities (organized societies). You'll learn about assurance problems, platforms for exchange, and certification programs as some methods of control. You'll look at the steps organized societies have taken to control corruption, including the example of a country that used to have the cleanest government in the world. By the end of this course, you will be able to apply the principles you’ve learned by assessing the work of your peers in a Peer Review assignment. You'll create a Corruption Analysis in which you identify and analyze a real life incident of corruption that has occurred anywhere in the world over the past 12-18 months.

3 hours to complete

4 videos (Total 80 min), 2 readings, 1 quiz

Reviews

4.7

125 reviews

5 stars
74.03%
4 stars
20.19%
3 stars
4.23%
2 stars
1.34%
1 star
0.19%

TOP REVIEWS FROM CORRUPTION

by ASSep 15, 2020

The course is very relevant and well designed. However the course name should be changed to include the impact of corruption.

by FOSep 10, 2021

the skills acquired in this course is excellent. The issue of corruption has never been so clear to me like this. The course should be available to all students to train them for the future

by EOMay 17, 2022

It was an interesting course and I learnt how corruption affects our society and ways of controlling corruption in our societies.

by DGAug 12, 2020

Thank you, Prof. Nichols, for bringing this topic through the Coursera platform and as a part of the specialization - Business Strategies for a Better World.

View all reviews

About the Business Strategies for A Better World Specialization

You’re not just interested in making money. You’re interested in making a difference in the world too. Set your career and your business on the road to success by learning evidence-based strategies to achieve sustainable social impact: profits with purpose. This specialization was designed to give you the tools and strategies you need to create measurable social impact around the world – whether your impact goal is to create jobs, to reduce malnutrition, or to increase access to environmentally-friendly and affordable housing, or to make a positive difference in some other way. In these four courses taught by acclaimed Wharton professors, you’ll learn how to apply effective business strategies to real-world problems through a deep understanding of the global practices and trends shaping the world today. By the end of this Specialization, you’ll be able to:

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Corruption

About this Course