This article originally appeared on the Thomson Reuters TrustLaw Governance blog. Thailand lifted its state of emergency, and the February 2 elections have been annulled. Encouragingly, the leaders of the government and the opposition are signaling – albeit tentatively and obliquely – a willingness to negotiate an end to the country’s ongoing political crisis. But even… Read More
Thanks to its Special Economic Zone status, many foreign companies assemble cars and electronics in the Kaliningrad region for the broader Russian market. But corruption remains a major barrier. At public events on corruption, no matter how sophisticated the participants and no matter how narrow the subject, the discussion invariably seems to wander off topic…. Read More
Dr. Pakdee Pothisiri, Commissioner of Thailand’s National Anti-Corruption Commission, at an IOD event in Bangkok. (Photo: CIPE) Corruption is one of the world’s most pervasive and vexing problems, costing the global economy hundreds of billions of dollars each year and stalling economic growth in many developing countries. Though most anti-corruption efforts focus on government-driven… Read More
Participants at the January IOD training included senior officers from some of the largest local and multinational companies in Thailand. In late January, more than 30 senior officers from 17 major Thai and multinational corporations attended an intensive anti-corruption training program led by the Thai Institute of Directors (IOD). This pilot two-day training course is… Read More
UK Foreign Secretary William Hague with IOD Chairwoman Khunying Jada in Bangkok When the Thai military overthrew an elected government in 2006, and when the Supreme Court disbanded another elected government in 2008, corruption was the principal stated justification. Public perceptions and allegations of corruption can undermine government in Thailand to such an extent that… Read More
IOD and Thai Banks Join Hands in the Fight Against Corruption (Photo: The Post Today). On March 27, nine commercial banks jointly signed the Anti-Corruption Declaration of the Thai Institute of Directors (IOD). This Declaration lays out tangible and specific steps that a company must take to combat corruption on the part of its employees,… Read More