Been going on for a long time
Even if companies were pretending to play by the rules before, at least they had some need to put in the effort to pretend. When a society can see belligerent ostentatious corruption going on as the norm, nothing good can follow.
That is investment aka corruption
I'm not sure that's better. I'm hopeful that all this open air corruption leads to real reform. But I'm sure I'll be disappointed.