All Volumes (2001-2008)


Volume VII, 2008

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Corruption and poverty have long been linked with each other, but recent studies, such as the Corruption Perceptions Index and Standard & Poor's Corporate Governance Scores, have since strengthened this correlation. Even though progress has been made in establishing anti-corruption laws and regulations, the results of these studies reveal that much more needs to be accomplished before we see meaningful improvements in the world's poorest countries. In this research, we will focus on one country in particular, Guatemala. By examining the effect that culture, history, and politics have on Guatemala's corporate governance and financial environment, we will see the steps that need to be taken to lead Guatemala on the road to financial transparency.

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