HRegatta Edition-5,issue-1, 2014 | Page 17

India like any other company has goals, objectives, plans and budgets. A company’s organizational culture is determined by the culture infused by promoters of the company. For India Inc. the promoters were British government and Indian leadership of that of that time. India inherited bribery habit from its main promoter British Government. For them giving bribery though was not legalized was still a common parlance as it only enabled them to run their administration on a low budget and keep their employees contended. WWII bred large-scale corruption during British rule, and after independence the same corruption and bribery became invisible pillars of India’s organizational culture. Scam, Hawala Scam, Common wealth game scam and many others. Incentive Structure for government officials was poorly built not igniting motivation. According to expectancy Model of Motivation, the link between Efforts, performance, rewards and Valence should be strong for every employee in order to induce motivation to work hard. In India Inc. this chain was not strong as government officials felt better rewards could be earned by giving way to corruption. Gradually bribery turned out to be an indispensible but unofficial component of their incentive structure which continues to motivate their work towards private interest rather than national interest Since inception the company is being run by the ideas shaped by socialism which seeded inefficiency and bureaucracy in Indian system by focusing on investment in heavy industry(PSUs) rather than productivity or quality of investment and also by placing too much control thereby discouraging competition. By 1980s, due to government’s efforts three self-defeating characteristics giving rise to conflict of interest. evolved in Indian system which lowered the pace of growth of India – Permit Raj; Export Pessimism and bias towards state ownership. Bureau, there is failure on part of an ineffective judicial system to punish There are three levels of controlling – Executive, Judiciary and Legislativewhich controls the country as well as power of other controllers. In spite of rise in number of corruption cases registered with agencies like CBI-Central Bureau of Investigation, Lokyukta and ACB-Anti-corruption corrupt politicians on time. Corruption at agent level can be controlled but it is difficult to be con- In 1991, Balance of payment Crisis was caused by channelizing the increase in government expenditure into unproductive sector and in response our economy opened to Liberalization, privatization and globalization. Balance of power thus moved from government to a shared balance between private individuals and government which aggravated corruption as private individuals bribed government to get approvals for their projects and government bribed them to woo the voters for winning the votes during elections. trolled at political level which gives rise to corrupt government. Corrupt government has option to choose from two motives General public interest (GP) and Personal interest (PI). In the start of their t