Corruption is the misuse of influence for the purpose of gain. It often manifests as conflicts of interest, favouritism, unethical decision making and the granting or taking of unethical benefits. It often takes place outside formal decision-making structures.
Corruption is usually equated with the giving or taking of money, services or other benefits by a person in a position of authority in exchange for favours. Bribes do not need to be money; they can take the form of holiday trips, discounts, entertainment or other benefits. Bribery is only one form of corruption, and the majority of corruption manifests in other ways.
Take conflicts of interest into account when managing the interests of an organisation. Conflicting interests can endanger motivation and decision-making ability.
Avoid dual roles, i.e. situations in which a person simultaneously holds two roles, such as being both a bidding party and a decision-making party in competitive bidding.
Do not unjustly elevate a person, company or other entity above others. Do not favour a family member or provide reciprocal or unlawful help to your friends or relatives. Cronyism refers to social circles that are more or less closed and whose actions are based on giving members reciprocal and unethical favours.