Corruption in Turkey and earthquakes: Policies for tackling corruption in the construction sector

Author:

Cifuentes‐Faura Javier1ORCID

Affiliation:

1. Department of Financial Economics and Accounting, Faculty of Economics and Business University of Murcia Murcia Spain

Abstract

AbstractThe earthquake in Turkey has resulted in thousands of fatalities and injuries and is considered one of the worst natural disasters in recent history. The disaster has also brought to light another major issue in Turkey, namely, corruption. Failure to comply with building regulations and successive government amnesties for unlicensed construction contributed to the high death toll. This paper aims to draw attention to the ongoing issue of corruption and the potential life‐saving benefits of ethical practices in business and government. Finally, relevant useful policies targeting corruption in real estate have been proposed.

Publisher

Wiley

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