Management Techniques for
Ethical Governance and Prevention of Corruption: A Seminar.
Program
Highlights: There
are 20 teaching modules which cover various aspects many will be covered by
Prof. Vinod, Director of IEEP.
On Thursday, August 8, Prof. Susan Rose Ackerman
of
On Wednesday an expert from the UN, Dr. T. K.
Tan (
Sponsor: INSTITUTE FOR ETHICS AND ECONOMIC POLICY (IEEP):
Hrishikesh D. Vinod, Director. For further information, E-mail: Vinod@fordham.edu
Table of Contents:
1:
2: Link to a Specific
Course at Fordham.
3: Information about the
sponsor IEEP
4: Seminar Details:
(4a)
Seminar Objective, (4b) Target audience for modules (4c) Description of Seminar
Modules (explanation of the content of the seminar).
(4d) Seminar Program,
Short description of the Modules etc.
5: Further Logistical
Details including Transportation, Registration, Accommodation, etc.
(5a)
Transportation, (5b) Registration Fee payment modes, (5c) Registration Fee
Amounts,
(5d)
Hotel Accommodation, (5e) Area Attractions.
6. Partial list of the
distinguished Faculty and Advisors
1:
Founded in 1841 as the first Catholic institution of higher
learning in the
Fordham's curriculum is designed to develop the capacity for clear and critical thinking and correct and forceful expression. It seeks to impart a knowledge of scientific principles and skills, an awareness of historical perspective, an understanding of the contemporary world with its cultural diversity, and an intelligent appreciation of religious, philosophical and moral values.
Fordham affirms the compatibility of its Jesuit identity with a respect for diverse religious and philosophical convictions represented within its educational community. It is in this spirit that Fordham encourages its students to develop a personal commitment to the dignity of the human person and the advancement of the common good.
2: Link to a Specific Course at Fordham. The ‘Senior Values’ component of the Arts
and
3: Information about the sponsor IEEP. In 1998,
4: Seminar Details (some items subject to change without
notice)
4a: Seminar Objective: Discuss Management Techniques for Ethical Governance and Prevention of Corruption
including background review of related literature. We also hope to bring together various professionals
including economists, statisticians, accountants, social scientists, lawyers,
law-enforcement professionals and others who are interested in fighting
corruption worldwide and helping business executives in creating incentives for
ethics and transparency.
4b: Target audience for modules: Upper level executives who have to deal with corruption in the course of their work and researchers. This includes customers and suppliers in public, private, nonprofit and government entities. Vigilance officers are welcome. We relate the corruption problem to human nature and do not wish to restrict the target audience. People from many diverse disciplines including most social sciences, journalism, law-enforcement, risk professionals are welcome. Our focus will be on ethics, governance and transparency. The seminar will consider corruption issues eyeball-to-eyeball, and discuss management techniques, which will provide incentives to make some "hard", but "right" choices. We may also have parallel sessions for contributed papers by researchers and experts on related topics open to delegates.
4c: Description of 20 Modules
1 and 2] Background review of related economics and philosophy literature.
SESSION 7-1
3] Evolution
of a society toward the rule of law.
Why do some countries are corrupt and others abide by the rule of law.
Harmful effects of unethical
behavior and corruption on society. There will be two presenters. Dr. Lilia Carasciuc of Transparency
International,
SESSION 7-1
4] The link between religion, morality and ethics. We critically discuss interesting quotes from revered books of major religions and philosophers. The role of stable family and other sociological factors.
SESSION 8-4
5] Definition of
Corruption. Similarity and differences between corruption and tips,
gift-giving and lobbying. The
definition of “conflict of interest” and practical tests to recognize it and
prevent it. Explanation of what lawyers and economists call the Principal-Agent
Problem and how it contributes to bribery, fraud, embezzlement and extortion.
We discuss various Internet links developed by Pavlidis George (
SESSION 7-1
6] Discussion of various incentive schemes with following aims: (a) to encourage the honest workers succeed. (b) to encourage honest workers to come forward and help prevent fraud, corruption and abuse of power (c) to encourage reporting of potentially corrupt activity which may be innocent on the surface (d) to discourage false and vicious reports of corruption. (e) to prevent the corrupt from exploiting the traditional relationships based on trust.
SESSION 7-2
7] The role of law and the fear factor. Discussion of (a) anti corruption laws, (c) freedom of information laws in different countries and the field experience with these laws. We discuss how to prevent consultants, facilitators and other middlemen from subverting the intent of these laws with reference to what can be learned from the experience of some countries. [Lecture by Prof. S. Rose-Ackerman, Henry R. Luce Professor of Law and Political Science Yale Law School California 2pm of Thursday, August 8, 2002 ]
SESSION 8-3
8] The role of politics and the need to raise large amounts of money for elections. Politicians want to gain power, fortune and fame, and get re-elected again and again. We discuss experience of companies who are able to minimize, if not eliminate, corrupting demands of politicians and civil servants. We discuss some methods and then evaluate the extent to which they have been successful in different countries.
SESSION 8-1
9] The role of print and TV media in fighting or perpetuating corruption. Examples of how terrorists use corrupt individuals. Advertising of corrupt services. We use case studies to discuss attempts to create a clean image by using the media and when such attempts fail. We consider examples of investigative journalism.
SESSION 8-1
10] Management tools
for encouraging creativity, hard work, honesty and appropriate risk-taking for
future growth of an organization.
Correct balance between competition and cooperation in an
organization. We discuss case studies
where job satisfaction is achieved. How to groom honest decision makers on the customer side to win over
projects on the basis of professional merit?
Identification of vulnerable decision makers by using statistical tools
of data analysis.
SESSION
7-3
11] Corporate governance, government regulation of corporations, regulatory economics and corruption. Which organizational reforms to prevent ethical lapses and corruption? How prevent unfair treatment of the interests of any one group of stakeholders in a company? The proper role of secrecy and transparency. Delegation of authority with checks and balances on individual power. Importance of appropriate record-keeping and clear assignment of responsibility. Use of appropriate public disclosure (perhaps on the Internet) to explain past actions based on the then available information. Examples of how this creates trust among all stakeholders with case study examples.
SESSION 8-1
12] Financial control and accounting Issues. We discuss multiple failures with a case study based on Enron and Anderson. Enron example shows that actions speak louder than words and mere slogans in Enron’s code of conduct. How insider information about an organization was used to promote secret and corrupt relationships among high officials.
SESSION 8-1
13] Study of quantitative research on corruption. A study of some research papers including those by Prof. Vinod. Statistical tools for collecting confidential information about corruption and for on-going monitoring of the level of corruption. We discuss how simple Excel workbooks can be used to detect outliers. Use of John Tukey’s exploratory data analysis (EDA) for outlier detection to help locate fraud and corruption. We consider spending patterns of employees beyond their known sources of income or similar flags based on routine data collected for other purposes by the organization.
SESSION 7-1.
14] The demand
side of corruption. Repetitive
exchanges leading to corrupt demands and the need to transfer the executives
among different locations. How
to enhance profits without engaging in corruption? . We discuss (i)
The supply side of corruption, (ii)
Vertical integration among corrupt parties. Methods of breaking corrupt links
and Interdependencies, (iii) OPEN system
pioneered by Mayor Goh Kun of
SESSION 7-3.
15] Use of market forces to prevent corruption, OECD guidelines, “conflicts of interest,” encourage innovation. Market versus Parochial corruption. Checking for well concealed corrupt payments and transfers of valuable assets. Removal of incentives for exchanging favors and quid pro quo monetary payment. How to prevent use of third party resources as hostages.
SESSION 7-4
16] Role of the Internet. The Internet is very powerful when the web
URL has credibility. For example, The
Center for Public Integrity web page has forced the Department of Energy to
release documents (Freedom of Information Act) about the sale of Elk Ridge
Naval Petroleum Reserve #1 to Occidental Petroleum Corp. This was the largest
privatization in
SESSION 7-4.
17] Commonsense and Ethics. Randy Cohen, the ethicist of the New York Times has written a humorous book entitled “The good, the bad and difference” Doubleday publishers. We discuss potentially useful ideas from similar popular books. We also discuss some interesting ethical dilemmas: What is the difference between insider trading and good research by a Wall Street analyst? Who to attack in a comedy routine? When someone makes an unethical or wrong choice, it is OK to attack him or her. But if the fault was beyond that person’s control is it fair to attack him or her?
SESSION 8-4.
18] Impact of Corruption on Globalization and vice versa.
Dr. Lilia Carasciuc
of Transparency International,
SESSION 8-4.
19] Information about Surveillance equipment: We
expect to exchange information about prices and effectiveness of surveillance
equipment, hidden cameras and tape recorders, etc. We discuss privacy and legal
issues and the caution needed in the use of deception and spy equipment to
fight corruption.
SESSION 7-4.
20] Cost Benefit Analysis (CBA) in the context of anticorruption
efforts. Prof. R. Brent, author of
three books on cost benefit analysis and author of research papers on various
aspects of CBA has agreed to review that methodology in the context of
anti-corruption efforts. We expect to
give handouts to the participants.
SESSION 8-2
We will allow time for informal discussion
between the faculty, speakers and delegates and at
4d:
Location for all meetings: President’s Dining Room, Room 1210.
Lowenstein Bldg,
10-10:15 Registration, outside Room 1210 of Lowenstein Bldg.
Modules 1, 2,
3 (Prof. Stuart Rosenberg will present the modules prepared by Prof. M. Combs of
Module 6 (Vinod) and Dr. Lilia Carasciuc, Transparency
UN, OECD work for Preventing Corruption, and Surveillance
equipment
Modules 15, 16, 19 (Vinod) and Dr. Tay Keong Tan, Special
Assistant to the Under-Secretary-General, Office of Internal Oversight
Services and Chief of Staff of the Office, United Nations will talk on “Organizational Integrity Initiatives in the United Nations”
3:10-4:30 Session 7-4, P. M. Rao, Professor and Chair, Department of Marketing, Long
Island University / C.W. Post campus.
Management Tools for Preventing Corruption
Modules 10 (Prof. Ujjvala Karmarkar of
10.00-11:15 Session 8-1,Chair, Prof. Howard Nemiroff, , Long Island University / C.W. Post campus.
Politics, Media and Corporate Governance
Modules 11 (Prof.
Amita Shankar,
Cost Benefit Analysis and Preventing Corruption
Module 20 (Vinod) and Prof. Robert Brent, Benefit Cost Analysis
Project Director,
Legal Tools for Preventing Corruption
Module 7 (Vinod) and Prof. Susan Rose-Ackerman of Yale
Religion, Ethics and Common Sense
Modules 4, 17, 18, 19 (Vinod)
5:30- Reception (Open Bar, Light Snacks, By Invitation only)
Description of 20 Modules, S=approximate number of slides, details at:
http://www.fordham.edu/economics/vinod/seminar.htm
1 and 2] Background review of related economics and philosophy literature.
3] Harmful effects of unethical behavior and corruption on society.
4] The link between religion, morality and ethics. (S=19)
5] Definition of Corruption etc. (S=10)
6] incentive schemes (S=23)
7] The role of law and the fear factor. (S=8 plus those by Rose-Ackerman)
8] need to raise large amounts of money for elections. (S=6)
9] The role of print and TV media (S=9)
10] Management tools
plus statistical tools of
data analysis. (S=23)
11] Corporate governance. (S=19)
12] Financial control and accounting Issues. (S=12)
13] Study of quantitative research on corruption. (S=12)
14] The demand /
supply sides of corruption. OPEN system
pioneered by Mayor Goh Kun of
15] Use of market forces to prevent corruption, OECD guidelines (S=10)
16] Role of the Internet. (S=1)
17] Commonsense and Ethics. (S=9)
18] Impact of Corruption on Globalization and vice versa. (S=1)
19] Information about Surveillance equipment (S=10)
20] Cost Benefit Analysis (CBA) (S=1 plus those by Dr Brent)
Prior Registration Required, arranged by sending E-mail to:
Seminar info for the general public (not Fordham Students/faculty) is also posted at:
http://www.fordham.edu/economics/vinod
Click on the program link in the right column.
5 Further Logistical Details including Transportation,
Registration, Accommodation, etc.
Date:
on Aug. 6, Aug 9 and Aug. 10 have been arranged at the request of some delegates).
Location:
All sessions will be held at the President’s Dining Room on 12th Floor, Room 1210.
Enter Fordham campus at the intersection of Columbus and West 60th street. The guard will let you in upon identifying yourself as a delegate attending IEEP conference. Walk in about 200 steps and on your right are Escalators to level P (plaza or first floor). All elevators come to the P level as level 1. This is where you take the elevator to 11th floor and walk up the last floor.]
Address:
Telephone: 718-817-4065
(Vinod) 718-817-4048
(Economics Dept) FAX 718-817-3518
IEEP is located at the Rose Hill
campus of the university in the
5a: Transportation:
5b: Registration Fee payment modes:
All fees are payable in US dollars in the form of a check or money order drawn on a US Bank
payable to: H. D. Vinod (IEEP) and
mailed to H. D. Vinod, Economics Dept,
5c: Registration Fee Amounts:
US$700.00 for regular
delegates for payments received after
US$650.00 for
advanced registration if payment is received before
US$600.00, for regular delegates if payment is received before May15, 2002.
US$25.00 for
The fees will be refunded (minus $5) if we have to cancel the program for reasons beyond our control (e.g., Act of God or war).
50% will be refunded if you must cancel provided your
notification is received before
No refunds if you have to cancel after
Invitation letters for visas to US may be needed. Please contact Vinod@fordham.edu with details about whom
should get the letter etc.
Please remember that the fees are assessed to cover the costs and help support the work of IEEP.
5d: Hotel Accommodation:
Delegates are essentially on their own for all transportation, accommodation and meals. Light snacks and lunches may be provided on some days. Fordham campus is within walking distance of many great restaurants and modest eateries.
Reduced Hotel rates are available to delegates if they
reserve sufficiently in advance at the Empire Hotel,
Some delegates from India have made reservations at
Riverside Tower Hotel, 350 W 88th St, New York, which is a subway
ride away from the Lincoln center campus where we will meet. Their rate is about $100 per room. Call:
212-877-5200.
www.hotel.com has hotels ranked by price and number of stars. They provide a full description of the facilities.
New York city and surrounding areas
have numerous other hotel and motels to suit all budgets. Please consult your
travel agent or city websites. Fordham dormitory accommodations are not available.
It is possible to rent an inexpensive motel room in
The seminars will start at
The seminars will end by
5e: Area
Attractions: Lincoln Center of Performing Arts is a major landmark visited
by millions of tourists. Fordham’s campus is next door to the
The famed New York Central Park is within walking distance
and many free outdoor concerts occur in summer months. One can rent a bike and ride in the park
areas where motorists are not allowed.
Hrishikesh D. Vinod, Director of IEEP, the sponsor of the seminar.
Internationally recognized expert on corruption with several publications and presentations regarding corruption. [will discuss many modules]
Prof. S. Rose-Ackerman, Henry R. Luce Professor of Law and Political Science Yale Law School and Center for Advanced Study in the Behavioral Sciences, Stanford California. Author of books on corruption (Presenter)
Prof. Robert Brent, Professor of Economics, Fordham
University. (1) Expert on cost benefit analysis with three books on the
subject. (2) Experience as Senior Research Fellow in Strategic Planning and
Governance Program at Asian Development
Bank Institute in
Dr.
Prof. Rick Geddes, Associate Professor of Economics at Fordham. (1) Expert on corporate governance and regulatory economics aspects of corruption. (2) Expert on legal aspects of corruption. (Advisor)
Prof. Mary Beth Combs, Assistant Professor of Economics at Fordham. She gives the one-semester course on ethics and economics. She has many case studies involving corruption. We will use PowerPoint slides based on her Fordham course.
Prof. Derrick Reagle, Assistant Professor of Economics at Fordham. (1) Expert on corruption prevention in International Finance and Politics. (2) Expert on Data analysis, sampling and data collection problems similar to problems in data collection for corruption. (Advisor)
Dr. Jeff Hong, recent student of Prof. Vinod. (1) Expert on
financial econometrics relevant for anticorruption (2) Advisor on Korean city
Seoul’s OPEN system for achieving transparency in city government. (Presenter)
Pavlidis George, LL M International
Economic Law,
Prof. Amita Shankar,
Prof.
Mr. Lionel Lucero, Ph. D. candidate under Prof. Vinod (1) Expert on corruption data and its manipulation. (2) Consultant for studying corruption in the Philippines. (Advisor)
Mr. James
Santangelo, Ph.D. candidate under Prof. Reagle (1) Expert on sampling
and data collection problems similar to problems in data collection for
corruption. (2) Web page
maintenance expert (3) Advisor on Italian language and fighting corruption
related to organized crime.
Mr. Sunil Deshmukh, President Maharashtra Foundation. Lawyer
and
We expect rich discussions with an unequalled opportunity for researchers to interact with upper management and other executives from around the world and perhaps have their ideas implemented. Fighting corruption is everyone’s business and you will be supporting IEEP by supporting the seminar. New York seminar will be something to remember.
The seminar schedule will permit the delegates some time in the evenings to enjoy live entertainment, ethnic foods and also time to commute from nearby homes of friends and relatives.
Committee Chairs:
Local Arrangements: Mr. James Santangelo, jacksant@aol.com
Publicity: Marg.Reynolds Marg.Reynolds@shaw.ca
For further information and inquiry E-mail: Vinod@fordham.edu
This file is also at URL: http://www.fordham.edu/economics/vinod/seminar.htm
was last updated on:
August 6, 2002