Compliance Communications Blog

Some Ugly Truths Behind Global Corruption

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5/23/18: The recently released 15th EY Global Fraud Survey produced some discouraging findings.  According to the Survey, 38% of the approximately 2500 executives across 55 countries reported that corruption occurs widely in business.  That’s not the most discouraging finding.  This is: 20% of respondents under the age of 35 would justify cash payments to win or retain business.  Contrast that reality with the almost universal belief of senior executives that ethical and compliant behavior is essential to the reputation, customer support and financial health of the organization.  EY provides a good overview of how the numbers and risks fluctuate across the globe. 

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Some Ugly Truths Behind Global Corruption

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