Compliance Communications Blog

"Can Business Shine a Light on Corruption?"


Can – or should – businesses expose corruption? According to a post by Michael Volkov in his Corruption, Crime & Compliance blog, “The private sector is on the front lines of the corruption battle but operates as a silent witness. Foreign officials demand bribes and other illegal payments. Yet, there is no structured reporting...system for bribery. Instead we are left with surveys and NGOs to uncover the nature and extent of bribery in the global economy.” How much responsibility does the business community have in exposing corruption? Volkov offers an interesting perspective about that responsibility and potential benefit. 
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