Technical StaffNovember 27, 2024 5 Key Takeaways: 1. Corruption undermines markets and governance: Bribery distorts competition, erodes trust, and weakens public institutions. 2. A shared global commitment: The OECD Anti-Bribery Convention unites nations to combat bribery in international business transactions. 3. Practical tools for prevention: The Convention provides actionable frameworks...
Technical Staff;October 15, 2024 Takeaways 1. The integrity of top management is directly linked to corruption and fraud risks, which are significant business risks. 2. Stakeholders must actively monitor management’s ethical commitment and follow company news to ensure transparency and accountability. 3. Red flags, such as a lack of transparency,...
October 9, 2024Mike J. Masoud Corruption can devastate any business, but its impact is often more severe for small and medium enterprises (SMEs). Unlike large corporations, which may have the resources to recover from a scandal, SMEs are far more vulnerable to the financial and reputational damages caused by fraud...
September 11, 2024Technical Staff The foundation of any organization’s effort to prevent corruption lies in the integrity of its leadership. When leaders embody the principles they advocate, their actions speak louder than their words, setting the tone for the entire organization. Effective leadership is more than just giving directions; it...
Technical Staff June 11, 2024 In today’s business landscape, corruption remains one of the most significant threats to organizational integrity and sustainability. When corruption risks are not adequately addressed, organizations can face severe financial losses, legal repercussions, and irreparable damage to their reputations. This blog post examines the corruption risks present in organizations under certain...
Technical staff, May 14, 2024 Welcome to “The Edge: Anti-Corruption” podcast series, brought to you by The American Anti-Corruption Institute (AACI). Our podcasts are designed to empower leaders and management within organizations to tackle fraud and corruption head-on. Today is May 14, 2024, and we’re delving into what a company’s owner should do if he suspects fraud at...
Technical staff April 4, 2024 In the complex landscape of business ethics, leaders often find themselves facing tough decisions that can profoundly impact the integrity and reputation of their organizations. One such scenario arises when undisputed evidence of bribery emerges within the procurement process. This presents a critical juncture where...
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