Before starting the research and writing process, make sure to select the appropriate topic:
- Anti-competitor behavior
The topic covers issues associated with the existence of monopolies, which may include, but are not limited to, excessive prices, poor quality of service, and inefficiencies. It addresses a company’s management of legal and social expectation around monopolistic and anti-competitive practices, including issues related to bargaining power, collusion, price-fixing or manipulation, and protection of patents and intellectual property (IP).
- Bribery (see guide)
The topic addresses the company’s approach to managing bribery issues. This includes sensitivity to business norms and standards as they shift over time, jurisdiction, and culture. It addresses the company’s ability to train employees adequately and implementing policies and procedures to ensure employees are not the perpetrators/beneficiaries of bribery.
In your analysis about a type of corporate unethical behaviour, consider the following analysis flow that is in alignment with the IMP framework:
1. Start by explaining why good governance is crucial, particularly for banks and multinationals that can play a systemic role in the broader economy. A general value of good governance would apply here.
2. Explain how governance failure has led to concrete issues such as monopoly, tax optimisation/heaven, etc.
3. Quantify the negative impact. For example, for tax optimisation, it could be preventing some governments from using tax proceeds for the benefit of society. For monopoly, the negative impact is related to the fact that it limits competition, and therefore, can restrict innovation.