Author: Louisa Tomar

Emerging market businesses that lack formal compliance processes suffer twice: first from inefficiency and then from losing out on beneficial partnerships. While companies in emerging markets are becoming formal businesses in increasing numbers, there is still a sizable gap between getting a license and paying taxes (the minimum definition of “formal”) and following the internal… Read More

Photo credit: CACB With the passage of the United Nations Convention Against Corruption and enforcement of laws such as the U.S. Foreign Corrupt Practices Act or the UK Bribery Act, doing business with integrity has become an expectation placed on global companies wherever they operate. Chambers of commerce and business associations are therefore increasingly called… Read More