When companies bribe to win contracts, grease the wheels of bureaucracy, or get around rules, they damage not only their competitors, but also the societies in which they operate.
Bribery can lead to inferior firms winning business over better rivals, which can have real-world impacts across many sectors – from construction and utilities to telecommunications and financial services. Businesspeople who offer bribes also influence policy makers and procurement processes, undermining effective government and fair competition in the marketplace. This is instead of private sector policies, decisions and transactions being based on merit and achieving outcomes that are optimal for society.
To learn more about the way businesspeople perceive the impact of corruption on their work, Transparency International surveyed 3,000 businesspeople in 30 countries. The results present a unique snapshot of business views on corruption from around the world.
We invite you to delve into the results with our new interactive tool.