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[Global Corruption Report, 2004] International Business Attitudes toward Corruption
Bray, John
Bray, John
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Abstract
"International companies have an important role to play in the struggle against corruption. In the worst case, by paying bribes too easily, they help perpetuate the problem. In the best case, they can serve as positive agents for change by implementing high standards within their own operations, and by using their influence to lobby for reform. But what do leading business people really think about corruption? In August and September 2002, Control Risks Group commissioned a survey of business attitudes in six jurisdictions. The results give a revealing indicator of current business views.2 On Control Risks’ behalf, IRB Ltd conducted a total of 250 telephone interviews with 50 companies each in Britain, Germany, the Netherlands and the United States, and 25 each in Hong Kong and Singapore. All respondents were senior decision-makers at or near board level, and all the companies operated internationally. The respondents represented eight different commercial sectors: banking and finance; public works/construction; arms and defence; oil, gas and mining; telecoms; power generation; retail; and pharmaceuticals. Control Risks commissioned a similar survey with a smaller sample in 1999.3 The respondents made clear that graft can have a major impact on commercial success (see Table 20.1). More than half of the Hong Kong and Singaporean companies believed they had lost business in the previous year because a competitor had paid a bribe. The figure was lower for companies from the United States and Europe but, even so, a quarter of British companies thought they had lost business to corrupt competitors in the last five years."(pg 316)
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Book chapter
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2004
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9789211205473
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With permission of the license/copyright holder