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Is Bribery Really The Cost of Doing Business?

“[Bribes] are like steroids – everyone’s doing it. And if you don’t do it, you fall behind.”  David Montero, author of Kickback: Exposing the Global Corporate Bribery Network

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Transparency International’s Report Turns Focus to Bribery

The UK chapter of Transparency International recently released a handbook focusing on the culture of bribes.  Entitled “How To Bribe: A Typology of Bribe-Paying and How to Stop It”, the report outlines the bribery culture within corporations and how to combat it.  It stresses that bribery is a rampant issue, and is just as prevalent in the US and UK as it is overseas.  Therefore, companies should view clearly-defined bribery policies as an integral part of their overall ethics and compliance program.

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