Faced with a corrupt judicial system, what strategies do Russian businesses employ to resolve business disputes? Lately, less murder and more litigation. Faced with multinational firms who are liable under U.S. and U.K. laws for their Russian partners’ corrupt practices, how do Russian businesses gain access to international partners? Start putting in place anti-corruption compliance… Read More
By Hyeji Kim Any corporate compliance program needs a strong relationship between the board of directors and the compliance and ethics officer in order to be effective. In 2010, the Society of Corporate Compliance and Ethics (SCCE) and the Health Care Compliance Association (HCCA) conducted a study which showed that the relationship between the Chief Ethics… Read More
As my colleague Anna Nadgrodkiewicz recently discussed on this blog, corruption is a preeminent threat to developing countries. In Brazil, corruption has been estimated to cost somewhere around $53 billion (approximately 2.3 percent of GDP) in 2013 alone. Because this loss has a corrosive effect on democratic governance and the country’s ability to deliver continued… Read More
“When we entered the room where the President received us, he put the briefcase by the wall and left it there. After the meeting we collected the briefcase from where we had left it. On the departing journey I looked in the briefcase and saw that the money had been replaced with fresh corn.” Nasir… Read More
Cartoons demonstrate the ways in which visuals transcend language barriers, expressing ideas in a way that words often can’t. For the second year in a row, the U.S. Department of State’s electronic journal (EJ |USA) has featured winning cartoons from CIPE’s Global Editorial Cartoon Competition. Last year, EJ |USA featured semi-finalists from the corruption category in… Read More
Two decades ago, corruption was the problem that no one talked about. “You couldn’t use the words ‘bribery’ or ‘corruption’” at institutions like the World Bank, said Michael Hershman, who helped found Transparency International in 1993. Thankfully, all that has changed: corruption is now widely recognized as one of the biggest stumbling blocks to economic… Read More