How Corruption Erodes Democratic Values
The Influence of Fraud on Democratic SystemsCorruption DefinedCorruption is often described as the abuse of entrusted power for private gain. This malpractice can manifest in various forms, such as bribery, embezzlement, fraud, and nepotism, and can permeate different layers of governance and society. When corruption infiltrates democratic institutions, it poses a significant threat to the integrity and functionality of democracy.Corruption Erodes Democratic SystemsDeterioration of Management FrameworksDemocracy thrives when there is openness, responsibility, and confidence. Corruption damages these crucial principles by enabling secret deals and favoritism networks that exclude the public from the decision-making process. When leaders engage in corrupt practices,…