IIM Indore has developed a Preventive Vigilance tool from the Thesis on ‘Corruption Vulnerability of Organizations’. The Institute presented its tool to Shri K.V. Chowdary, IRS, Central Vigilance Commissioner, in a meeting of Chief Vigilance Officers and CEOs of Public Sector Organizations at Cochin, on March 19, 2016.
The occasion was the Third Anniversary Celebrations of Vigilance Study Circle, Kerala. The presentation was made by Mr. J.Vinayan, FPM (Industry) Scholar of IIM Indore and Chief Vigilance Officer of the Fertilizers And Chemicals Travancore Limited, Cochin. Mr. Vinayan had been pursuing his Doctoral Level Thesis at IIM Indore since 2013 under the guidance of Professors Ranjeet Nambudiri, Professor Sushanta K. Mishra and Professor Nobin Thomas of IIM Indore with additional guidance from Professor K. Praveen Parboteeah, Director, College of Business and Economics, University of Wisconsin-White Water, WI, USA who is the renowned International Expert in the area of Ethics and Corruption.
The doctoral thesis involved the development of an organizational level tool which can predict corruption vulnerability in organizations and departments. This Index (CVI) can be used to grade organizations and compare them with each other in similar manner as Corruption Perception Index of Amnesty International or Control of Corruption Index of World Bank which grade and compare countries for their perception of corruption. This is the first time such an organizational level preventive and predictive tool is being made with academic scrutiny and rigor. The Central Vigilance Commission has called for a detailed technical presentation of the Corruption Vulnerability Index at CVC later this year. This is a matter of pride for the IIM, Indore as a whole.