Company Programs for Resisting Corrupt Practices: A Global Study

This report looks at policies, practices, and procedures that represent standards of best practice for company efforts to resist corrupt practices.

 Document Highlights

Although universally prohibited and the target of global efforts to be reduced or eliminated, the bribery of government officials to obtain business advantage continues to be a serious problem worldwide. This report, the second project of The Conference Board’s Working Group on Global Business Ethics Principles, uses the results of a survey of 151 companies worldwide to look at policies, practices, and procedures that represent standards of best practice for company efforts to resist corrupt practices.

Findings include:

• the reasons why governmental initiatives are considered ineffective
• the notions about global business practice that underly skepticism about company programs
• the four elements essential to developing a compliance culture

Special features:

• a detailed respondent profile and a three-page summary of key findings
• more than 15 tables and charts
• summaries of participant responses to five case-study scenarios
• a participant list and meeting history for the Working Group on Global Business Ethics Principles
• anti-corruption case study materials from Baxter International Inc., Novell, and Shell
• Telecom New Zealand’s Compliance Assurance Survey, a part of its ‘Online System for Management Discussion of Compliance Practices and Needs’