IDNLearn.com helps you find the answers you need quickly and efficiently. Ask your questions and receive prompt, detailed answers from our experienced and knowledgeable community members.
Explanation:
The impact of corruption goes beyond the corrupt individuals, the innocent colleagues who are implicated, or the reputation of the organisations they work for. Ultimately, Victorians are the ones who lose out.
Corruption erodes the trust we have in the public sector to act in our best interests. It also wastes our taxes or rates that have been earmarked for important community projects – meaning we have to put up with poor quality services or infrastructure, or we miss out altogether.
It is in everyone’s interest to report corruption and misconduct.
Organisational impacts of corruption
financial loss
damage to employee morale
damage to organisation's reputation
organisational focus and resources diverted away from delivering core business and services to the community
increased scrutiny, oversight and regulation.
Individual impacts of corruption
disciplinary action
termination of employment
criminal charges
may affect relationships with family, friends and colleagues.
Community impacts of corruption
wasted taxpayer funds
loss of goods and services
lower community confidence in public authorities
disadvantage to honest business that miss out on government contracts.