Small and medium-sized enterprises (SMEs) make up the great majority of businesses in all countries and employ the majority of the global workforce, with 99% of all formally registered businesses around the world in countries where accurate data is available. Historically, surprisingly little research has focused on the risks posed to the sector as efforts at understanding how bribery and corruption affect business, and the development of tools and guidance to combat the threat of bribery and corruption have mostly focused on larger businesses. This report continues our previous work investigating how bribery and corruption damage the SME sector and argues that smaller businesses need to be encouraged and supported in their efforts to combat the threats posed.
To reinforce the globally held stance that bribery and corruption is unethical and unacceptable in the public sphere, initiatives to enhance transparency and accountability have been adopted by national and supranational bodies, NGOs and activists. Some noteworthy examples from national and supranational bodies include:
None of these are impregnable, but they can prove effective. Questions about the usefulness or desirability of differential regulation need to be addressed, as do SMEs’ own awareness of the challenges they face, and the options open to help deal with them. A combination of ‘tone from the top’ and ground-up compliance and control mechanisms could produce maximum effect. The aim is to make corrupt behaviour something that the majority of employees would not even contemplate, while providing the tools for detecting the dishonest minority at the earliest opportunity.
Our 2013 and 2019 global surveys on this subject matter help increase understanding of the impact of bribery and corruption on SMEs. Consistencies between the two surveys include the beliefs that bribery and corruption: is anti-competitive; increases business costs; leads to suboptimal resource allocation; jeopardises SME’s future viability; threatens to damage business reputation; makes it harder to attract investment; affects employee morale; slows down decision making; and can damage a nation’s economic growth.
We found overwhelming evidence that the risk of bribery and corruption is present at the SME level and that this should be addressed and managed by smaller firms. Nearly three quarters of respondents believe that the adoption of ant-bribery and corruption policies would enhance a firm’s reputation for a high standard of business conduct, 79% thought it would help prevent firms from breaking the law and 73'>
Small and medium-sized enterprises (SMEs) make up the great majority of businesses in all countries and employ the majority of the global workforce, with 99% of all formally registered businesses around the world in countries where accurate data is available. Historically, surprisingly little research has focused on the risks posed to the sector as efforts at understanding how bribery and corruption affect business, and the development of tools and guidance to combat the threat of bribery and corruption have mostly focused on larger businesses. This report continues our previous work investigating how bribery and corruption damage the SME sector and argues that smaller businesses need to be encouraged and supported in their efforts to combat the threats posed.
To reinforce the globally held stance that bribery and corruption is unethical and unacceptable in the public sphere, initiatives to enhance transparency and accountability have been adopted by national and supranational bodies, NGOs and activists. Some noteworthy examples from national and supranational bodies include:
None of these are impregnable, but they can prove effective. Questions about the usefulness or desirability of differential regulation need to be addressed, as do SMEs’ own awareness of the challenges they face, and the options open to help deal with them. A combination of ‘tone from the top’ and ground-up compliance and control mechanisms could produce maximum effect. The aim is to make corrupt behaviour something that the majority of employees would not even contemplate, while providing the tools for detecting the dishonest minority at the earliest opportunity.
Our 2013 and 2019 global surveys on this subject matter help increase understanding of the impact of bribery and corruption on SMEs. Consistencies between the two surveys include the beliefs that bribery and corruption: is anti-competitive; increases business costs; leads to suboptimal resource allocation; jeopardises SME’s future viability; threatens to damage business reputation; makes it harder to attract investment; affects employee morale; slows down decision making; and can damage a nation’s economic growth.
We found overwhelming evidence that the risk of bribery and corruption is present at the SME level and that this should be addressed and managed by smaller firms. Nearly three quarters of respondents believe that the adoption of ant-bribery and corruption policies would enhance a firm’s reputation for a high standard of business conduct, 79% thought it would help prevent firms from breaking the law and 73' />
About Us
'Bribery is not restricted to 'Grand Corruption', which frequently hits the headlines. It affects citizens all over the world and companies of all sizes. These “daily corruption challenges” can be as detrimental as the publicly known cases of multi million bribery schemes as they destroy the trust of society in governments, administration and business, like a slow but steady poison. Still, as “daily bribery” often stays in silence or is sometimes perceived as the ‘cost of doing business’ especially for smaller companies or “the cost of surviving” for affected citizens, it is less in the spotlight.' Klaus Moosmayer, Ph.D, Chief Ethics, Risk & Compliance Officer of Novartis, Chair of the Business at OECD Anti-Corruption Committee.
Small and medium-sized enterprises (SMEs) make up the great majority of businesses in all countries and employ the majority of the global workforce, with 99% of all formally registered businesses around the world in countries where accurate data is available. Historically, surprisingly little research has focused on the risks posed to the sector as efforts at understanding how bribery and corruption affect business, and the development of tools and guidance to combat the threat of bribery and corruption have mostly focused on larger businesses. This report continues our previous work investigating how bribery and corruption damage the SME sector and argues that smaller businesses need to be encouraged and supported in their efforts to combat the threats posed.
To reinforce the globally held stance that bribery and corruption is unethical and unacceptable in the public sphere, initiatives to enhance transparency and accountability have been adopted by national and supranational bodies, NGOs and activists. Some noteworthy examples from national and supranational bodies include:
None of these are impregnable, but they can prove effective. Questions about the usefulness or desirability of differential regulation need to be addressed, as do SMEs’ own awareness of the challenges they face, and the options open to help deal with them. A combination of ‘tone from the top’ and ground-up compliance and control mechanisms could produce maximum effect. The aim is to make corrupt behaviour something that the majority of employees would not even contemplate, while providing the tools for detecting the dishonest minority at the earliest opportunity.
Our 2013 and 2019 global surveys on this subject matter help increase understanding of the impact of bribery and corruption on SMEs. Consistencies between the two surveys include the beliefs that bribery and corruption: is anti-competitive; increases business costs; leads to suboptimal resource allocation; jeopardises SME’s future viability; threatens to damage business reputation; makes it harder to attract investment; affects employee morale; slows down decision making; and can damage a nation’s economic growth.
We found overwhelming evidence that the risk of bribery and corruption is present at the SME level and that this should be addressed and managed by smaller firms. Nearly three quarters of respondents believe that the adoption of ant-bribery and corruption policies would enhance a firm’s reputation for a high standard of business conduct, 79% thought it would help prevent firms from breaking the law and 73
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