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Creating Shared Value From the Analysis of the Effect of Corruption and Crime on MSMEs in Bogota

Organizations must strive to increase competitiveness and to improve the economic and social conditions of the environment in which they work, thus creating shared value. Corruption and crime limit social development, government effectiveness, and the conditions in which private companies operate. For this reason, based on the shared value theory, the purpose of this research is to make a co-relation analysis between what micro and small enterprises (MSEs) think of the increase in sales and the risk of closing their business, with respect to corruption and crime. The study was made to a sample by convenience of 484 MSEs in the southern area of Bogotá, which work in different industrial and service activities, using a validated questionnaire of 99 items that ask about corruption and crime.