Get IGI Global News
US
China
Cart
0
Login/Create Portal Account
All Products
All Products
Books
Journals
Videos
Book Chapters
Journal Articles
Video Lessons
Teaching Cases
Special Offers
IGI Global’s New Emerging Topic e-Book Collections
Acquire highly focused and affordable Cutting-Edge Peer-Reviewed Research Content through a selection of 17 topic-focused e-Book Collections discounted up to 90%, compared to list prices. Collection topics include Artificial Intelligence, Data Science, Language Learning, Marketing and Customer Relations, Sustainability, and many more. Hosted on the InfoSci
®
platform, these collections feature no DRM, no additional cost for multi-user licensing, no embargo of content, full-text PDF & HTML format, and more.
Learn More
Open Access Book (Free Access) - Encyclopedia of Information Science and Technology, Sixth Edition (ISBN: 9781668473665)
The
Encyclopedia of Information Science and Technology, Sixth Edition)
continues the legacy set forth by the first five editions by providing comprehensive coverage and up-to-date definitions of the most important issues, concepts, and trends pertaining to technological advancements and information management within a variety of settings and industries. The entire book is being published under open access.
Read Now
Open Access Book (Free Access) - Food Sustainability, Environmental Awareness, and Adaptation and Mitigation Strategies for Developing Countries (ISBN: 9781668456293)
Food Sustainability, Environmental Awareness, and Adaptation and Mitigation Strategies
for Developing Countries provides information on the recent technology, mitigation, and environmental protection that must be applied for food sustainability in developing countries. This book is being published under Platinum Open Access through funding from Diponegoro University, Indonesia.
Read Now
Open Access Book (Free Access) - New Models of Higher Education: Unbundled, Rebundled, Customized, and DIY (ISBN: 9781668438091)
The Walmart Corporation and the Lumina Foundation have provided funding to make
New Models of Higher Education: Unbundled, Rebundled, Customized, and DIY
fully open access, completely removing any paywall between scholars in education and the latest research on new models for the future of higher education.
Read Now
Open Access Book (Free Access) - Handbook of Research on the Global View of Open Access and Scholarly Communications (ISBN: 9781799898054)
Through a collaboration between IGI Global and the University of North Texas, the
Handbook of Research on the Global View of Open Access and Scholarly Communications
has been published as fully open access, completely removing any paywall between researchers of any field, and the latest research on the equitable and inclusive nature of Open Access and all of its complications.
Read Now
Books
Books
Open Access Books
OnDemand Book Chapters
Books by Subject
Business, Administration, & Management
Scientific, Technical, & Medical (STM)
Education
Books by Field
Business & Management
Computer Science & Technology
Education
Environment & Agriculture
Government & Law
Library & Information Science
Media & Communications
Medicine & Healthcare
Science & Engineering
Security & Forensics
Social Sciences & Humanities
Journals
Journals
OnDemand Journal Articles
Journals by Subject
Business, Administration, & Management
Scientific, Technical, & Medical (STM)
Education
Journals by Field
Business & Management
Computer Science & Technology
Education
Environment & Agriculture
Government & Law
Library & Information Science
Media & Communications
Medicine & Healthcare
Science & Engineering
Security & Forensics
Social Sciences & Humanities
e-Collections
e-Book Collections
Emerging Topic e-Collections
e-Journal Collection Archive
e-Cases Collection
Pick & Choose
OnDemand
Open Access
View All Open Access Opportunities
Search across all of IGI Global’s available open access publishing opportunities to unleash your research potential.
Find an Open Access Journal for Your Next Manuscript
Search across all of IGI Global’s available open access publishing opportunities to unleash your research potential.
Submit an Open Access Book Proposal
Learn more about open access book publishing and how it can propel your research forward in the field.
Convert Your Work to Open Access
Already published? You can convert your work to open access to increase its impact through IGI Global’s Restrospective Open Access Program.
Utilize Open Access Collection Database
Open up your research potential by utilizing our open access content or integrating the open access collection into your library
Consider Open Access Agreements
For Libraries: consider no-cost or investment-level open access agreements with IGI Global to support your faculty's research endeavors.
Search Funding Resources
Looking for additional funding resources to support your open accesss endeavors? View industry resources compiled by our open access team.
Review Open Access Policies & Ethical Guidelines
Considering IGI Global to publish your work under open access? Review IGI Global’s open access policies and ethical guidelines
Publish
with Us
Resources
Librarians
e-Collections
Book Title List
Journal Title List
Video Title List
Library Collection Development Service
Browse Forthcoming Books
Consortia Partnerships
Library and Publisher Collaborations
Product Distributors
Catalogs
Open Access Initiative
Instructors
Course Adoption
Teaching Cases
K-12 Online Learning Collection
Researchers
Browse Books
Browse Journals
Browse Forthcoming Books
Search Open Access Content
OnDemand Downloads
Webinars
InfoScipedia
Authors and Editors
eEditorial Discovery
®
System
Peer Review Process
Ethics and Malpractice
COPE Membership
Fair Use Policy
Open Access Publishing
FAQ
Distributors
Distributor Resources
Book Distributors
Journal Subscription Agencies
E-Resource Partners
Browse Forthcoming Books
Catalogs
About Us
news
room
Email Updates
RSS
Search
Search:
All Posts
IGI Global News
New Title Releases
Press Releases
All Tags
A-Title (1)
Academic Writing Month (1)
Accounting & Finance (20)
Acquisitions (67)
Adaptive & Complex Systems (7)
Adult Learning (19)
AERA (3)
Aerospace Engineering (11)
Against the Grain (5)
Agent Technologies (4)
ALA Annual (1)
ALA Midwinter (1)
Algorithms (3)
AMCIS (1)
AOM (1)
Applied E-Learning (39)
Articles (189)
Artificial Intelligence (70)
ASEE (1)
Asia (86)
Author News (648)
Awards & Recognition (148)
BIBF (2)
Bioinformatics (12)
Biologically-Inspired Computing (11)
Biomedical Technologies (24)
Biometrics (9)
Blended & Mobile Learning (28)
Book Series (234)
Books & E-Books (988)
Business & Organizational Research (49)
Business & Technical Education (14)
Business and Management (287)
Business Information Systems (39)
Business Intelligence (28)
Business Process Management (23)
Chapters (264)
Charleston (5)
Chemical Engineering (5)
Chemoinformatics (3)
China (69)
Clinical Technologies (15)
Cognitive Informatics (21)
Cognitive Learning (9)
Collective Intelligence (7)
Computational Intelligence (15)
Computational Linguistics (6)
Computer Engineering (9)
Computer Graphics & Art (6)
Computer Science and Information Technology (245)
Computer Simulation (5)
Computer Vision & Image Processing (6)
Computer-Assisted Language Learning (6)
Computer-Mediated-Communication (11)
Conferences (204)
Consortia (6)
Consumer Management (9)
Contributor Collaboration (13)
COPE Resources (6)
Course Adoption (86)
Cyber Behavior (40)
Cyber Warfare & Terrorism (38)
Cybernetics (8)
Data Analysis & Statistics (17)
Data Mining (28)
Data Warehousing (14)
Database Technologies (88)
Databases (33)
Decision Support Systems (9)
Digital Crime & Forensics (20)
Digital Divide & Developing Countries (22)
Digital Libraries (22)
Digital Literacy (18)
Distance Education (32)
E-Business (30)
E-Collaboration (19)
E-Commerce (19)
Eastern Europe (62)
Education (412)
Electrical Engineering (4)
Electronic Services (15)
End User Computing (4)
Engineering Education (14)
Enterprise Information Systems (9)
Enterprise Resource Planning (2)
Entrepreneurship & E-Innovation (6)
Environmental Engineering (25)
Environmental, Agricultural, and Physical Sciences (97)
ER&L (1)
Europe (149)
Events & Collaborations (265)
Facebook (10)
FIBF (1)
Free Content (140)
Gaming (40)
Gender & Technology (13)
Geoinformatics (6)
Global Business (41)
Global Information Technology (40)
Government and Law (131)
Grid & High Performance Computing (1)
Healthcare (102)
Healthcare Information Systems (53)
Hidden (1)
Hospitality, Travel & Tourism Management (11)
Human Aspects of Business (34)
Human Aspects of Technology (105)
Human Resources Development (21)
India (47)
Industrial Engineering (4)
Industrial Informatics (4)
Information Ethics (13)
Information Resources Management (23)
Information Retrieval (12)
Information Security & Privacy (29)
Information Trust (20)
Information Value & Quality (9)
InfoSci-Books (282)
InfoSci-Cases (15)
InfoSci-Databases (80)
InfoSci-Dictionary (5)
InfoSci-Disciplines (8)
InfoSci-Journals (179)
InfoSci-Medical (10)
InfoSci-OnDemand (21)
InfoSci-Select (1)
InfoSci-Videos (12)
Instructional Design (30)
Interactive Technologies (35)
Internet Technologies (30)
Interview (204)
IT Governance (13)
IT Policy & Standardization (11)
IT Research & Theory (14)
Journals (367)
Knowledge Discovery (64)
Knowledge Management (103)
Knowledge Society (49)
Latin & South America (20)
Library and Information Science (180)
Library Collaboration (25)
Library Information Systems (102)
Library Technology Innovation Series (14)
Marketing (38)
Materials Science (1)
Mechanical Engineering (5)
Media and Communications (174)
Medical, Healthcare, and Life Sciences (186)
Middle East & Africa (73)
Mobile Computing (26)
Multimedia Technology (41)
Music Technologies (2)
Nanotechnology (10)
Networking (39)
Neural Networks (6)
Newsletter (242)
North America (400)
Oceania (70)
Open Access (65)
Open Access Week (42)
Open Source Software (5)
Partnerships (19)
Peer Review Week (8)
Presentations (78)
Public & Sector Management (19)
Public Policy & Administration (100)
Research Essentials (22)
Research Trends (222)
Resources for Distributors (274)
Resources for Instructors (401)
Resources for Librarians (418)
Resources for Researchers (538)
Resources for Translators (119)
Reviews & Indexing (103)
Robotics (21)
Science & Engineering (100)
Security and Forensics (132)
Semantic Web (2)
Sensor Technologies (1)
SLA (2)
Small & Medium Enterprises (3)
Social Computing (62)
Social Sciences and Humanities (199)
Software (96)
Strategic Information Systems (5)
Supply Chain Management (10)
Surveys, Measurements & Response Systems (7)
Sustainable Development (37)
Systems & Software Engineering (5)
Teaching Cases (61)
Technologies in Higher Education (46)
Technologies in K-12 Education (34)
Telecommunications (7)
Topic Collections (30)
Twitter (16)
Ubiquitous & Pervasive Computing (3)
Urban & Regional Development (9)
Videos (19)
Virtual Communities (47)
Virtual Learning Environments (71)
Web Services (8)
Web Technologies & Engineering (13)
Web-Based Teaching & Learning (45)
Webinar (59)
Wireless Systems (9)
World Forgotten Children's Foundation (1)
Posted any time
Posted this week
Posted this month
Posted this year
Sort by:
Relevance
Newest first
Oldest first
Search
Reset
Dr. Saswat Barpanda speaks on political and micro-finance corruption in Ghana.
Corruption and Cohesion meets Central Government: Microfinance Scam takes to Political Office
By
IGI Global Author Relations Team
on
May 25, 2017
Dr. Saswat Barpanda
In 2016, Ghana saw one of their largest financial scams take place when microfinance organizations--The God is Love Fun Club, DKM Microfinance, Little Drops Financial Services, Jaster Motors and Investment Limited and Care for Humanity Fun Club--scammed over 400 people out of millions of Ghana cedis. The scandal is now making headlines once again as Alexander Gyan, the former manager of God is Love Fun Club, has been
nominated to be the District Chief Executive (DCE) of Kintampo South
.
Microfinance organizations have been giving people a second chance by allowing citizens to take out small loans to start their own businesses. All around the world, they are sparking financial activity from allowing impoverished women to provide for their families to creating the world’s largest economies. However, this force of good is often used for corruption.
Dr. Saswat Barpanda, assistant professor at Amrita University and contributing author to IGI Global’s
International Journal of Sustainable Economies Management (IJSEM)
), recently speculated on the scandal and explained how citizens can protect themselves from political corruption and becoming victims of a microfinance scam.
In your opinion, has microfinance been used more for social good or as a social tool to make money?
When the concept of microfinance was started, it perceived as a financial tool being used for social good. But later on, most of the microfinance institutions came up with an incongruous mission of being financially profitable and socially sustainable. This results in a state of mission drift where the purity of the mission is being diluted. Now it has increasingly become a social instrument used to generate money, and consequently its novelty has been mislaid. This is one reason why microfinance often runs into dense crisis and chaos. Several field studies have evidence that even when lending programs efficaciously reach borrowers, there is only an inadequate upsurge in entrepreneurial activity and even the decline in poverty rates is found unsubstantial.
Do you believe that someone who is associated with a company that committed a scam should be eligible for a political position?
With the growth of corporate attempt to influence government policies through lobbying, political donations and even bribery, the issues of business relations with government has increasingly become a key facet of business ethics. Government has a crucial role to play in establishing “the rules of the game” by which the ethical judgement will be evaluated. “The rules of the game” dictates the government on the degree of openness towards adapting a revolving door policy. Looking specifically at laws codifying right and wrong business practices, it is important to recognize that the law is one aspect of the broader idea of regulation in business. Although laws are important in business ethics, it is the role of regulations that is most vital to understand, because it is these regulations that tend to operate in the grey areas of business ethics. A shady employee of a company which committed a scam has lost the trust of the stakeholders and citizens and thus won’t be accepted by the citizens as their representative. The ethical problem in business government relationship is to be found in the fiduciary relationship that government has to society. This means that the government’s responsibility is to act in society’s best interest.
In your opinion, does this nomination showcase corruption in government? If so, how can citizens protect themselves from this corruption?
Yes. When the issue is about a corrupt business practitioner heading towards ethical leadership in politics, the storylines are then seen as fustian spiked with pretense. The citizen starts looking at the government functioning with a raised eyebrow.
As ordinary citizens, we can battle corruption steadily by being heedful in campaigning and backing up various anticorruption programs of the government. It’s a collective responsibility of all the stakeholders of government starting from pressure group, civil society organizations, corporate houses judiciary and the media to fight against patronizing corruption. With voluminous hands, we can bring hope, trust and aspirations. The only weapon the common man possess is proper education. The citizens must have a gut of courage, using their mouth to speak for the truth, eyes to strive for justice and their rational minds to contemplate judiciously. Also, by using Internet technology, social media and sharing what they know is the best way a common man can contribute.
How can citizens protect themselves from being scammed by microfinance companies?
I think there are some key internal control issues that create a wrong culture in the microfinance organizations. These organizations are struggling to understand between purpose and profit. They forget their reason of existence. Burrowers should be aware about the control environment or contextual factors. Internal controls and comprehensive governance become even more imperative when microfinance operations move into higher-risk extents, whether it’s an introduction of new products or delivery channels or recruitment of new staff. These types of changes ultimately lead to so called "people risks". These are risks that are related to training of employees in new products and processes. It is the employee who are the touchpoint between organization and borrowers or client. Employees who join the MFI need to learn the culture of the company and the control environment.
A sincere thank you to Dr. Saswat Barpanda for taking the time to speak with IGI Global and sharing his thoughts on microfinance and the recent nomination. For more information on microfinance, please take the time to review the publications below:
Newsroom Contact
Elizabeth Leber
Promotions Assistant
eleber@igi-global.com
(717) 533-8845, ext. 132
www.igi-global.com/
Browse for more posts in:
Author News
Business and Management
Accounting & Finance
Middle East & Africa
No comments
Comments
Log in
or
sign up
to comment.
Be the first to comment!
Please complete the following form to proceed to the video:
First Name*:
*
Last Name*:
*
Email*:
*
Affiliation (Please do not provide abbreviations)*:
*
Highest Educational Degree Earned?*:
*
Your Major Areas of Research?*:
*
Submit
Close
More from IGI Global
May 2, 2024
Who will Win the AI Chat Wars?
Google has recently introduced its new Gemini platform, which competes with OpenAI's ChatGPT. This platform promises to provide real-time chat with advanced algorithms to meet the increasing demand for instant AI interactions.
IGI Global
Read More
Computer Science and Information Technology
Artificial Intelligence
Books & E-Books
Research Trends
Apr 25, 2024
How AI Changes the Game with Targeted Advertising and Rapid Upscaling
How can advertisers possibly keep up with billions of unique individuals on the planet? Enter artificial intelligence.
IGI Global
Read More
Business and Management
Marketing
Books & E-Books
Research Trends
Apr 23, 2024
Participate in the IGI Global Annual Academic Publishing Trends & Open Access Survey 2024
In its second year, the IGI Global Annual Academic Publishing Trends & Open Access Survey 2024 seeks to create a realistic outlook on problems faced by the academic community and their potential solutions.
IGI Global
Read More
Resources for Librarians
Resources for Researchers
Open Access
Apr 18, 2024
Uniting Nations with Multinational Electronic Health Records to Stop Lassa Fever's Pandemic Threat!
The World Health Organization (WHO) has reported a surge in Lassa fever cases in Nigeria, emphasizing the urgent need for containment measures.
IGI Global
Read More
Medical, Healthcare, and Life Sciences
Healthcare Information Systems
Books & E-Books
Research Trends
Apr 16, 2024
IGI Global Announces the 2024 Journal Reviewers Award Winners
IGI Global congratulates the winners of this year's Journal Reviewer Award
IGI Global
Read More
Journals
Awards & Recognition
Open Access
Apr 15, 2024
What Defines Authorship and Who Should Be Included in a Manuscript’s Byline?
For decades, academic publishing has been plagued with discrepancies surrounding authorship of scholarly research...
IGI Global
Read More
Books & E-Books
Acquisitions
Apr 15, 2024
Doody’s Selects IGI Global Books for Special Topics List
Two IGI Global publications have been recognized by Doody's for their excellence and niche topic focus.
IGI Global
Read More
Medical, Healthcare, and Life Sciences
Media and Communications
Books & E-Books
Awards & Recognition
Apr 11, 2024
Technology is Making Disparities Worse
Digital Inclusion Week underscored the urgent need for a national digital equity plan in the US due to disparities in internet access and digital skills.
IGI Global
Read More
Apr 8, 2024
Nearly 90% of IGI Global’s Frontlist Books Now Indexed in Scopus
The majority of IGI Global's books Frontlist is now indexed by Scopus. Learn what this prestigious recognition means for the publisher and the experts behind these books.
IGI Global
Read More
Books & E-Books
Awards & Recognition
Reviews & Indexing
Apr 4, 2024
Navigating Neglected Maintenance and Safety Risks of Flight Travel
A United Airlines Flight 837 bound for Tokyo from San Francisco could not take off due to a mechanical issue.
IGI Global
Read More
Business and Management
Computer Science and Information Technology
Science & Engineering
Hospitality, Travel & Tourism Management
Aerospace Engineering
Books & E-Books
Research Trends
First
Previous
1
2
3
4
5
6
7
8
9
10
...
Next
Last