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Survey: The toll of bribery and corruption on companies

Jaclyn Jaeger | May 9, 2016

Corruption, fraud, and other misconduct continue to plague compliance and legal officers at multinationals around the world, according to a recent global anticorruption survey conducted by AlixPartners.

The survey explored the effect of corruption risk on the global business environment, measured the effect of anti-corruption laws and regulations on compliance-related activities, and assessed the ways companies are preventing, identifying, and handling corruption risk.

Corruption risk affects merger and acquisition activity to some extent. Thirty-six percent of respondents saying their companies pulled out of, or delayed, an acquisition due to potential corruption risk, compared with 26 percent last year.

Africa, the Middle East, and Russia were cited as...

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