Money Eating: The War Beyond Private Sector Initiative

Abstract

The main purpose of this study is to know the best practices and challenges of private sector in fighting money eating. The study employed the qualitative research method using the documentary analysis and made use of Qualitative Analysis in determining the best practices and challenges of the private sector. Based on the findings, the best practices of private sector are in two themes: Public-Private Sector Partnership and Private Sector Self-Regulation; the challenges of private sector are in two themes: Lack of Cooperation and Conflict of Interest. This implies that the private sector plays an important role in fighting money eating and the challenges of private sector is multifarious.Money eating is not just a public sector matter. As a common basis of money eating for public officials, the private sector portions account ability for money eating. Eradicating money eating by mounting a multi-pronged scheme incorporating liberalization, deregulation, civil service improvement, and institutionalization of a participating line to shared service delivery and its monitoring. Comprising the private sector will not only countenance the progress of supplementary refined and sensitive policy responses to money eating but will also put pressure on the private sector to elevation its own standards of deeds.