Date of Conferral

12-12-2024

Degree

Doctor of Business Administration (D.B.A.)

School

Business Administration

Advisor

Isabel Wan

Abstract

Corruption undermines businesses by distorting competition, reducing performance, and hindering economic growth. Business leaders must understand and implement strategies to address fraud and corruption in order to ensure long-term success, benefiting both their companies and the broader economy. Grounded in stewardship theory, the purpose of this multiple case study was to explore strategies that small manufacturing business leaders use to implement business governance guidelines needed to reduce corruption in international transactions. Data were collected through semistructured face-to-face interviews and a review of company documents. he participants in this study were five business leaders from two firms who implemented successful strategies to mitigate corruption in order to maintain a competitive edge, improve performance, and foster economic growth. Thematic analysis was used to addressed the research questions, resulting in the development of nine themes: strategies to reduce business corruption, strategies for effective communication, challenges in implementing ethical leadership, encouraging anticorruption behavior, measuring success in mitigating corruption, strategies to promote good governance, measuring governance success, business governance factors, and anticorruption strategies. A multifaceted approach was recommended to mitigate business corruption effectively. The key recommendations include creating a harmonious company culture that prioritizes honesty and ethical behavior in the company. The implications for social change include fostering a culture of integrity and accountability, supporting the vision of open communication practices, and improving the living standards of residents in local communities.

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