COMPANIES FALL SHORT ON CORRUPTION SAFEGUARDS
September 1st, 2013
SEPTEMBER 12, 2013: MULTINATIONAL companies are less worried about the risk of having to pay bribes to ‘buy business’ than they are about lower level corruption affecting their routine operations. Despite concern, only half of them have safeguards in place.These findings in a new survey from global risk consultancy Control Risks and the Economist Intelligence Unit are at odds with international enforcement efforts focused on “classic” corruption, i.e. bribes or other quid pro quo – travel, holidays, luxury goods, cars, property etc - to win ...
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