Huang Guangyu who was used to be one of the richest man in China was convicted of corruption along with a few government officials. Being a dropout in the past, his success was an inspiration for him as he was able to build his fortune from scratch by starting a small business ending up with over 1300 stores across China. In order to get more corporate benefits he bribed 5 government officials with cash and property. It is human nature to gain more benefits for themselves as well as increase their fortune and greed got the better of them. With increasing fortune and living a luxurious life they are afraid of losing it all and hence will stop at nothing just to continue leading their sort of life. Greed made them turn a blind eye towards up righteousness and they resorted to illegal concepts to gain more personal benefits. In the eyes of the law, corporate benefits should not be illegally given out through bribes but should be earned respectfully. The arrest of these men is the first stepping stone to enable more businessmen and women to be more knowledgeable about the seriousness of corruption. (Bribery, etc) In conclusion, a successful business would only be respected if it is through hard work and determination but not through such underhand activities.
-benjamin
Thursday, April 29, 2010
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