International Business Corruption

When it's so broke, you can't fix it: the decision not to do business in highly corrupt countries

The collapse of the eight-story garment factory in the Rana Plaza complex close to Dhaka, Bangladesh on 24 April 2013 made headlines around the world when it resulted in the death of more than 1,120 workers. A few months later, Nike Inc. announced its decision to sever ties with its key garment suppliers in Bangladesh. Walt Disney Co. also decided to exit the country. As reported by The Wall Street Journal, this decision, "in effect, conceded that problems outsourcing production to the country couldn't be easily fixed". Read more.....

Released by Corporate Compliance Insights June 2014

30% of companies ceased doing business with a partner due to possible bribery

In spite of efforts by many companies around the world to adopt compliance measures aimed at preventing corrupt activities, bribery and corruption risk remain widespread, posing both competitive and regulatory threats to businesses. Read more...

Released by AixPartners February 2014

Eight steps to minimising compliance risk in overseas growth strategies

In addition to anti-bribery concerns, companies expanding overseas should consider the following steps to minimise liability and fully achieve growth objectives. Read more....

Released by NYSE Governance Services 2014

The UN global compact anti-corruption tools inventory

The inventory consists of existing anti-corruption tools and resources presented in alphabetical order that companies can easily review and access. The tools included in the inventory are meant to offer guidance and assistance to companies in their fight against bribery and corruption and can all be accessed free of charge or at a token amount. Read more...

Released by Global Advice Networks 2014