Offered a dodgy deal in Dubai ? Given an expensive Rolex as a present? Pressurised to give a backhander to get your visa stamped? Taken out to a very expensive meal?
All these dilemmas might well face business people working to secure a contract abroad – or even now possibly in a few cases in the UK.
Bribery and corruption according to the Institute of Business Ethics is the top ethical concern now for 80 per cent of major FTSE companies who might well be worried their staff could be tempted by an offer they can’t refuse.
Interestingly company action seems to have been boosted by the implementation of the Bribery Act in 2012 which makes it an offence for a commercial company to allow their employees to bribe other people on their behalf.
Companies are expected to have procedures in place and The Institute of Business Ethics neat…
View original post 293 more words