When a company suspects a competitor is going to pay bribes, the temptation is to do the same thing. Bribe takers encourage a bribery bidding war. They want the biggest bribe to win the business, not the best price, product or service.
Entries in Transparency International (71)
Verification of Anti-Corruption Compliance Programs: New Guidance from Transparency International–USA
Over the past two decades, there has been substantial progress by companies in developing anti-corruption programs. While such programs reflect a growing commitment by companies to combat corruption, it is widely recognized that the adoption of policies and programs is not enough.
The sixteen nations that made it through the group stage in the 2014 World Cup to the knockout round have been fighting for international bragging rights for the next four years.
Achieving consistent legal compliance in today’s regulatory environment is a challenge severe enough to keep compliance officers awake at night and one at which even well-managed companies regularly fail.
An EU project recently implemented in Bosnia and Herzegovina (BiH) aims to end corruption by providing for accountability, transparency and improvements in the areas of public finance, law enforcement and business.
A report just released by Transparency International says corruption is on the rise in South Asia and failing to tackle it will threaten the region's economic progress by deepening poverty and scaring off investors.
Over the past two decades, trade and investment agreements between countries have increasingly ventured beyond traditional technical issues to touch upon such matters as labor conditions, environmental safeguards and corruption.
Dow Jones Risk & Compliance conducted an online survey in February, asking 383 compliance professionals around the world to evaluate their anti-corruption compliance programs and name their top risk concerns.
The Global Fund to Fight AIDS, Tuberculosis and Malaria issued a report in November that described how Cambodian government officials took nearly half a million dollars in bribes from mosquito-net manufacturers.