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Issues relating to bribery and corruption in M&A transactions

corruptionbribery March 14, 2012 0

The anti corruption movement is perhaps the most enduring symbol of the year 2011 in India, and is likely to dominate popular dialogue for the years to come. Although the connection between corruption and

The ethical dilemma: Saying no to corruption

corruptionbribery March 13, 2012 0

Normally, financial corruption between the public sector and the private sector is condemned on moral and legal grounds. This is what we said in the first part of this article and then we also

Fifa corruption intrigue deepens as Brazil’s Ricardo Teixeira resigns

corruptionbribery March 13, 2012 0

The intrigue enveloping Fifa has deepened with the resignation of Ricardo Teixeira, president of the Brazilian football confederation (CBF) for 22 years and a long-time powerful figure within football's world governing body. Under pressure

Calling Time on Corruption

corruptionbribery March 12, 2012 0

With the cost to Africa of fraudulent practices estimated at 25 per cent of its gross domestic product, serious steps are now being taken to stop the rot. Has Africa got a grip on

Global Anti-bribery and Corruption Survey 2011

corruptionbribery March 12, 2012 0

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

The True Costs of Corruption

corruptionbribery March 10, 2012 0

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

Corruption continues to be the most common ethical issue for business

corruptionbribery March 10, 2012 0

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,

Preventing Corruption

corruptionbribery March 8, 2012 0

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