Implementing Anticorruption Programs in the Private Sector
Although attention has focused on public sector initiatives to fight corruption on the demand side, private companies in every region have developed programs to fight it on the supply side. Policymakers and advocacy groups-such as Transparency Inte...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2002/04/2016285/implementing-anticorruption-programs-private-sector http://hdl.handle.net/10986/11353 |
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okr-10986-113532021-06-14T10:59:00Z Implementing Anticorruption Programs in the Private Sector Berenbeim, Ronald E. Arvis, Jean-Francois ANTICORRUPTION ANTICORRUPTION AGENCIES ANTICORRUPTION EFFORTS ANTICORRUPTION POLICIES BRANCHES BRIBERY BRIBERY CASES BRIBES COMPANY COMPLAINTS CORPORATE DIRECTORS CORPORATE GOVERNANCE CORPORATIONS CORRUPT PRACTICES ETHICS EXTORTION FACILITATING PAYMENTS FIRMS FOREIGN CORRUPT PRACTICES FOREIGN CORRUPT PRACTICES ACT FRAUD INFORMERS JOINT VENTURES LAW ENFORCEMENT NONGOVERNMENTAL ORGANIZATIONS PENALTIES PRIVATE COMPANIES PROCUREMENT SANCTIONS SENTENCING GUIDELINES SUPPLIERS TRANSPARENCY WHISTLEBLOWING CORRUPTION IN POLITICS; CORRUPTION; PRIVATE SECTOR; INCENTIVES; SMALL & MEDIUM SCALE ENTERPRISES; COMPLIANCE VERIFICATION; CODES OF CONDUCT; MULTINATIONAL ENTERPRISES; BEST PRACTICES; CORPORATE GOVERNANCE; ETHICS; BUSINESS ETHICS; BENCHMARK; REGULATORY FRAMEWORK Although attention has focused on public sector initiatives to fight corruption on the demand side, private companies in every region have developed programs to fight it on the supply side. Policymakers and advocacy groups-such as Transparency International-consider such preventive efforts to be a critical component of the anticorruption toolkit. All types of firms-large and small, multinational and local-recognize that corruption raises the cost of doing business and should be prevented. Most company anticorruption programs rely on compliance systems that consist of a company code of conduct, training, and decisionmaking and reporting mechanisms. This self regulatory approach was pioneered in the 1970s by U.S. multinational corporations after unethical practices were revealed and in response to the 1977 Foreign Corrupt Practices Act. Until recently this approach was greeted with skepticism outside the United States. Critics argued that efforts to implement U.S. compliance-based techniques would fail in other business cultures. Skeptics also questioned the effectiveness of company anticorruption programs. But such views have changed considerably in recent years, and compliance systems are being implemented by companies from high-income countries as well as emerging markets. Moreover, anticorruption techniques have become more sophisticated in established U.S. systems. 2012-08-13T14:50:18Z 2012-08-13T14:50:18Z 2002-04 http://documents.worldbank.org/curated/en/2002/04/2016285/implementing-anticorruption-programs-private-sector http://hdl.handle.net/10986/11353 English PREM Notes; No. 66 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research East Asia and Pacific |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ANTICORRUPTION ANTICORRUPTION AGENCIES ANTICORRUPTION EFFORTS ANTICORRUPTION POLICIES BRANCHES BRIBERY BRIBERY CASES BRIBES COMPANY COMPLAINTS CORPORATE DIRECTORS CORPORATE GOVERNANCE CORPORATIONS CORRUPT PRACTICES ETHICS EXTORTION FACILITATING PAYMENTS FIRMS FOREIGN CORRUPT PRACTICES FOREIGN CORRUPT PRACTICES ACT FRAUD INFORMERS JOINT VENTURES LAW ENFORCEMENT NONGOVERNMENTAL ORGANIZATIONS PENALTIES PRIVATE COMPANIES PROCUREMENT SANCTIONS SENTENCING GUIDELINES SUPPLIERS TRANSPARENCY WHISTLEBLOWING CORRUPTION IN POLITICS; CORRUPTION; PRIVATE SECTOR; INCENTIVES; SMALL & MEDIUM SCALE ENTERPRISES; COMPLIANCE VERIFICATION; CODES OF CONDUCT; MULTINATIONAL ENTERPRISES; BEST PRACTICES; CORPORATE GOVERNANCE; ETHICS; BUSINESS ETHICS; BENCHMARK; REGULATORY FRAMEWORK |
| spellingShingle |
ANTICORRUPTION ANTICORRUPTION AGENCIES ANTICORRUPTION EFFORTS ANTICORRUPTION POLICIES BRANCHES BRIBERY BRIBERY CASES BRIBES COMPANY COMPLAINTS CORPORATE DIRECTORS CORPORATE GOVERNANCE CORPORATIONS CORRUPT PRACTICES ETHICS EXTORTION FACILITATING PAYMENTS FIRMS FOREIGN CORRUPT PRACTICES FOREIGN CORRUPT PRACTICES ACT FRAUD INFORMERS JOINT VENTURES LAW ENFORCEMENT NONGOVERNMENTAL ORGANIZATIONS PENALTIES PRIVATE COMPANIES PROCUREMENT SANCTIONS SENTENCING GUIDELINES SUPPLIERS TRANSPARENCY WHISTLEBLOWING CORRUPTION IN POLITICS; CORRUPTION; PRIVATE SECTOR; INCENTIVES; SMALL & MEDIUM SCALE ENTERPRISES; COMPLIANCE VERIFICATION; CODES OF CONDUCT; MULTINATIONAL ENTERPRISES; BEST PRACTICES; CORPORATE GOVERNANCE; ETHICS; BUSINESS ETHICS; BENCHMARK; REGULATORY FRAMEWORK Berenbeim, Ronald E. Arvis, Jean-Francois Implementing Anticorruption Programs in the Private Sector |
| geographic_facet |
East Asia and Pacific |
| relation |
PREM Notes; No. 66 |
| description |
Although attention has focused on public
sector initiatives to fight corruption on the demand side,
private companies in every region have developed programs to
fight it on the supply side. Policymakers and advocacy
groups-such as Transparency International-consider such
preventive efforts to be a critical component of the
anticorruption toolkit. All types of firms-large and small,
multinational and local-recognize that corruption raises the
cost of doing business and should be prevented. Most company
anticorruption programs rely on compliance systems that
consist of a company code of conduct, training, and
decisionmaking and reporting mechanisms. This self
regulatory approach was pioneered in the 1970s by U.S.
multinational corporations after unethical practices were
revealed and in response to the 1977 Foreign Corrupt
Practices Act. Until recently this approach was greeted with
skepticism outside the United States. Critics argued that
efforts to implement U.S. compliance-based techniques would
fail in other business cultures. Skeptics also questioned
the effectiveness of company anticorruption programs. But
such views have changed considerably in recent years, and
compliance systems are being implemented by companies from
high-income countries as well as emerging markets. Moreover,
anticorruption techniques have become more sophisticated in
established U.S. systems. |
| format |
Publications & Research :: Brief |
| author |
Berenbeim, Ronald E. Arvis, Jean-Francois |
| author_facet |
Berenbeim, Ronald E. Arvis, Jean-Francois |
| author_sort |
Berenbeim, Ronald E. |
| title |
Implementing Anticorruption Programs in the Private Sector |
| title_short |
Implementing Anticorruption Programs in the Private Sector |
| title_full |
Implementing Anticorruption Programs in the Private Sector |
| title_fullStr |
Implementing Anticorruption Programs in the Private Sector |
| title_full_unstemmed |
Implementing Anticorruption Programs in the Private Sector |
| title_sort |
implementing anticorruption programs in the private sector |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2002/04/2016285/implementing-anticorruption-programs-private-sector http://hdl.handle.net/10986/11353 |
| _version_ |
1764416432417800192 |