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Global Anti-bribery and Corruption Survey 2011
Bribery and corruption exist in all parts of the world in varying degrees. KPMG International commissioned a survey of 214 executives in the U.S. and the UK to identify their most vexing anti-bribery and
Read More »The True Costs of Corruption
The World Bank estimates that corruption may cost the world economy about a $1 trillion a year. In more practical terms, as the chart below shows, corruption in some countries is robbing the world’s
Read More »Corruption continues to be the most common ethical issue for business
Siemens, Alstom, Citigroup, Torex Retail, Innospec – just some of the companies who were recently named and shamed by the media for incidences of bribery, corruption and fraud. The Institute of Business Ethics’ latest Briefing,
Read More »Preventing Corruption
WHEN A CORPORATE SCANDAL throws a company into crisis or even destroys it, many onlookers’ reaction is that the people involved must have been immoral. Certainly they, the onlookers, would never become involved in
Read More »Writing on a Blank Slate — Creating an Anti-Corruption Program
What if – and this is a big what if – your company is starting from scratch on its anti-corruption compliance program? Your company’s Code of Conduct includes a paragraph prohibiting foreign bribery and
Read More »Puerto Rico Senator, Businessman Sentenced For Bribery
A Puerto Rican senator and a businessman were each sentenced to four years in prison for their roles in a bribery scheme.Former Sen. Hector Martinez Maldonado was ordered to pay a $17,500 fine. Juan
Read More »Corporate Responsibility for Improved Business Ethics
Business ethics – it’s far more than a buzz phrase. Business ethics are a real concern and there is a corporate responsibility to reduce corruption and improve accountability. Through the implementation of business ethics
Read More »Bribery – The ultimate ethical dilemma
"Ethics Must Be Global, Not Local” written by Bill George and it got me thinking about how as people, we tend to not care about whether or not our decisions are ethical if there
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