Eurosif partnered with Vigeo for the Corruption theme report.
Research highlights and recommendations for companies and shareholders include:
- The World Economic Forum estimates that 38% of countries surveyed claim corruption to be the third most challenging factor for businesses.
- Companies that are involved with foreign direct investment, transnational mergers and acquisitions, overseas outsourcing and relationships with public officials have a higher risk of corruptive activities and should therefore implement strong control systems to counter these risks.
- Shareholders should engage with companies by voting for increased transparency and stronger anti-corruption policies.
This report outlines best practices for investors and companies to adopt in order to avoid corruption.