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Business principles for countering bribery
Transparency International
Transparency International
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Abstract
"damage your business. Corruption is defined as the misuse of power by someone to whom it has been entrusted, for their own private gain. The most common form of corruption is bribery, which is defined as the giving or receiving of money, a gift or other advantage as an inducement to do something that is dishonest, illegal or a breach of trust in the course of doing business. Transparency International (TI) introduced the Business Principles for Countering Bribery in 2002, primarily for large companies. Since then, the Business Principles have become recognised as a leading anti-bribery standard and a model for anti-bribery programmes. An edition of the Business Principles more relevant to small and medium sized businesses (SMEs) has now been developed, together with guidelines which give practical advice to help those organisations with fewer resources of time, money and people, through the process of developing an anti-bribery strategy to suit their size and structure. An SME may be as small as a sole trader or a partnership of three or four people. It may be a family business or a private limited company with a number of employees, perhaps as many as five hundred. Unlike a large company, an SME may not have a Board of Directors, a Human Resources Department or the resources of time and money to appoint a committee to oversee the introduction of Business Principles. These Business Principles are the values by which business can be conducted with integrity. The Guidance Document is written for you as an owner or manager of an SME wishing to develop an anti-bribery strategy to introduce these principles into your business, whether small or medium in size. Each stage of the process is outlined and explained by highlighting what you need to think about. The Guidance Document will give you help on how to develop an anti-bribery Programme which will be appropriate for you. The guidance is written to cover the many situations where bribery can occur, so if you find one which is not relevant to your business, for example, giving political donations, then move on to the next one. The advice is there for businesses to which it is relevant. It is also good to understand these issues as they may become relevant to you as your business grows. Bribery may be so much a part of a business culture in some places, that dealing with it can seem an overwhelming challenge, and no one business, especially a small one, can fight it alone. But by adopting an anti-bribery Programme, and by cooperating with other SMEs, business partners, authorities and trade organisations, as well as civil society to fight bribery, you have the opportunity to make a real difference by helping to create a culture of zero tolerance towards bribery.
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Date
2008
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9783935711050
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With permission of the license/copyright holder