Small bribes can amount to big problems for companies, according to the U.K. arm of the anti-corruption group Transparency International, which published a guide on combating the issue this summer.
The watchdog’s “Countering Small Bribes: Principles and good practice guidance for dealing with small bribes including facilitation payments” contains practical advice for companies on how to comply with anti-bribery laws, protect their reputations, better prepare their employees, and assess risks within their organizations. It also contains case studies and negotiation strategies for employees faced with a demand to pay a bribe.
