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NOTE: Since 2009 the title of the International Journal of Entrepreneurship Education (IJEE) has been changed to the title above. ISSN numbers: IJEE 1649-2269 and IRE 2009-2822
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ISSN Number: 2009-2822. Frequency: 4 Issues per year (online only)
Resisting Corruption: Polyhydron Private Ltd
IJEE Vol 6: Issue 4, 2008, Pages
Author(s): S. Ramakrishna Velamuri (China Europe International Business School - CEIBS, China) and Marc Sosna (IESE Business School, Spain)
Abstract:
The case describes the resistance to corruption practised by Suresh Hundre, the founder
and CEO of Polyhydron Private Limited (PPL), an SME in the manufacturing sector based in the
small Indian city of Belgaum. It documents the decision adopted by Hundre in 1983 to resist
corruption and the number of encounters with corrupt governmental officials that he subsequently
faces and overcomes. In addition to following a transparent policy towards all stakeholders, Hundre
also introduces a number of innovative management practices in his organization such as Just-In-
Time (JIT), Kanban, self-managed work teams and the Nikkerin wealth sharing system. This
enlightened management takes the company to achieve high growth in revenues and profits. The
case can be used to illustrate the strategic and tactical issues in resisting corruption in environments
where corruption is widespread.
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