IT executives: Anti-corruption policies don't work

Anti-corruption and anti-bribery policies do not work, and IT and telecom companies haven’t been spared the ill practices, a new study by Eversheds shows. Eversheds polled 500 board-level executives in large organizations in 12 countries, including 55 in the IT and telecoms sector, about how they’re handling bribery and corruption. Turns out, not so well. Almost two-thirds (65 percent) have said anti-corruption policies do not work, and 80 percent of executives said to have uncovered ill practices within their organizations. Eversheds’ report, entitled Beneath the Surface, says executives are well aware of the dangers corruption and bribery present, but are… [Continue Reading]