Tag Archives | companies

Where do Multinational Corporations go on their holidays?

…and how much money do they spend when they get there? Despite their global reach, Transparency International’s recent Transparency in Corporate Reporting report – which assesses 105 multinational companies’ anti-corruption reporting –  shows that these companies reveal very little information about their financial and non-financial contribution to the countries in which they operate. The European […]

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Georgia: Market concentration in pharmaceutical sector drives up prices

Health care is an issue that affects everyone and expenses for medicines put a heavy burden on households, especially in developing countries. Georgia is no exception. Having inherited a bloated Soviet-style health care system, the government of President Mikheil Saakashvili has sought to reform the health care sector through large-scale privatizations. Seeking to shed light […]

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The financial sector: a culture of transparency?

The recent global financial crisis highlighted the need to broaden the discussion about regulation and oversight of the financial system. Transparency and related risk assessments of financial institutions have surged to the top of the agenda. In our study on transparency and disclosure of measures for reducing corruption risk among the world’s largest companies published […]

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After Wal-Mart: What best practices can limit foreign bribery?

In the wake of Wal-Mart’s alleged Mexican bribery scandal, many voices in the business sector are no doubt asking what companies can do to improve their anti-corruption programmes and avoid the increasingly long arm of US law-enforcers who are vigorously pursuing violations of the FCPA. This is just the latest corporate corruption scandal, and they […]

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India’s state companies open up

A year of intense anti-corruption protests has put corruption issues high on the agenda in the world’s biggest democracy. While leaders have failed to deliver stronger legislation, a report from TI India shows that state-owned companies have made progress. In India, it takes over 1000 days to get a contract recognised. No wonder that bribery […]

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‘We Have To Fight Corruption, Or It Will Defeat Us’

Transparency International’s Chair, Huguette Labelle, was interviewed by Benjamin Kessler for the Foreign Corrupt Practices Act blog. She talks about what she would change about the FCPA, why companies should make compliance a priority and the possibility that countries which score low on the Corruption Perceptions Index are hit hardest in the European debt crisis. […]

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COP 17: What do the failures of the UN climate regime mean for climate action?

Alice Harrison, Communications Coordinator for TI’s Climate Governance Integrity Programme, reports from South Africa as the 2011 climate conference reaches its conclusion. As the sun rose on South Africa yesterday a burst of applause sounded from Durban’s conference hall as UN negotiators commended themselves for reaching an “historic agreement” on climate change. “We have worked […]

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EU needs to pay attention to corruption on its own doorstep

In an opinion piece in the latest edition of New Europe Jana Mittermaier, Head of Transparency International Liaison Office to the EU, argues that if European leaders are serious about fighting corruption, they need to pay closer  attention to the behaviour of their companies. The most recent results of the Bribe Payers Index (BPI) show that […]

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BPI bubble chart

Bribe Payers Index 2011: When trade is anything but free.

As the G20 prepare to meet in Cannes, Transparency International’s new report serves as a timely reminder of some unwarranted consequences of trade and investment and the need for a global effort to stop corruption in all its forms. Deborah Hardoon, Senior Research Coordinator, discusses the global impact of the countries ranked in the 2011 […]

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Bribe Payers Index 2011: when companies bribe other companies

On Wednesday 2 November, Transparency International will launch the Bribe Payers Index 2011, which ranks the perceived propensity of 28 countries and 19 sectors to bribe abroad. Written for Transparency International’s 2009 Global Corruption Report by David Hess, a Professor of Law at the Ross School of Business, University of Michigan, this excerpted article looks […]

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