Tuesday, November 8, 2011

Who is Best at Winning Business With Bribes?

Below is an interesting graph of the results from the latest Transparency International survey dubbed the "2011 Bribe Payers Index" . Higher scores means there is a lower perception of bribery by companies from those countries. Therefore, companies from the Netherlands are considered the least shady and companies from Russia are considered the most shady of the 28 countries involved in the survey. However, the report notes the obvious "The index shows that there is no country among the 28 major economies whose companies are perceived to be wholly clean and that do not engage in bribery."


A little background on the survey
"Transparency International’s 2011 Bribe Payers Survey asked more than 3,000 business executives worldwide about their views on the extent to which companies from 28 of the world’s leading economies engage in bribery when doing business abroad (Appendix A). The score for each country is based on the views of the business executives who had come into contact with companies from that country."
The survey then breaks it down by industry.....again the lower the score the higher the perception of bribery.

The survey clearly shows it is well known among business executives that "Public works contracts and construction" is where the most bribing is taking place by a significant margin. Although, I find it interesting that "banking and finance" is ranked where it is. However, I suppose this is a survey about the illegal activity of bribing vs the legalized shady practices of the Federal Reserve system, which in conjunction with the Primary Dealers, engages in what amounts to robbery from savers and tax payers alike......so I guess in that way it makes sense!

An interesting tidbit from the survey points out that prior to May 2011 it was not even a criminal offense for Chinese companies to bribe foreign government officials (not that it means it will actually be enforced). Besides, even when it is considered illegal, many companies just consider the resulting slap on the wrist the cost of doing business. We can be sure the recent AstraZeneca case is just business as usual.

27 comments:

  1. If someone hasn't started it, no one anymore will follow. However, since some people accept and some people will give.

    ReplyDelete
  2. This is the first time I am visiting your blog. This opens up ideas on where to expand my blog. In the future, I will again visit your blog for ideas.

    Survey Sample

    ReplyDelete
  3. Its a great pleasure reading your post.Its full of information I am looking for and I love to post a comment that "The content of your post is awesome" Great work.
    Marc Touati

    ReplyDelete
  4. The index shows that there is no country among the 28 major economies whose companies are perceived to be wholly clean and that do not engage in bribery.Yıldırım Turan

    ReplyDelete
  5. I have a hard time describing my thoughts on content, but I really felt I should here. Your article is really great. I like the way you wrote this information. Saul Mishkin

    ReplyDelete
  6. data you have shared is really true and informative,thanks for disclosing with us.
    bangalore escorts

    ReplyDelete
  7. The former is just intended to give your sensual pleasure through massages, kisses and sex potions.
    Gurgaun Escorts
    Ghaziabad Escorts

    ReplyDelete
  8. If you want to enjoy hassle free escort suppliers in Delhi you can always contact agencies and they are incredibly supportive in locating the perfect match for you.
    Delhi Escorts
    South Delhi Escorts
    Vasant Kunj Escorts
    Russian Call Girl In Delhi Escorts
    Malviya Nagar Escorts
    Paharganj Escorts
    Lajpat Nagar Escorts

    ReplyDelete
  9. Priyanka ji is Jaipur based number one escort agency. They offer unlimited adult services and able to full fill all your hidden fantasies. If you are looking for the call girls in Jaipur, search the net now! We offer the best Jaipur escorts

    and luxury service as well. Presently, most of the business owners, politicians, and rich people prefer escort service because it makes them secure. Sometimes, people are frustrated, tired or want to make some fun in their personal

    life, for them escort service is one of the best.

    |Escorts In Gurgaon |
    |Escorts In Mumbai |
    |Call Girls In Gurgaon|

    ======================================================
    |Call Girl In Mumbai |
    |Call Girl In Gurgaon |
    |Gurgaon Escorts |

    ======================================================
    |Gurgaon Escorts |
    |Gurgaon Call Girl |
    |Call Girl In Andheri |

    ======================================================

    |Gurgaon Call Girls |
    |Escorts In Gurgaon |
    |Escorts In Bangalore |
    |Call girls In Bangalore |

    ReplyDelete
  10. Dublin Airport Service Dublin Airport Taxi

    We provides best dublin taxi and shuttle services, such as getting our clients at airports, ports and train stations and giving support services at congresses, events and shows, besides organizing trips to the most varied destinations.

    A highlight of our activities is the City Tour – a dublin taxi service that takes our clients to any place inside or outside the city of Dublin, so they can get acquainted with what the city and the outskirts have the to offer at best.

    Besides the safety, quality and professionalism, we pride ourselves for the comfort we offer to our guests. We dedicate the upmost care to deliver to our clients the necessary well-being during their trip, counting with a modern fleet of vehicles to tend to their needs.

    Read More: https://www.easycab.ie

    ReplyDelete
  11. Are you looking for discount coupon for shopping, domain name, web hosting, etc? then visit this website.
    Discount coupon

    Latest Discount coupon

    ReplyDelete
  12. With extra men, and even girls, managing lonesomeness and dullness of life, Independent Fun Escorts have twisted out to be superb redeemers. those girls, who honey to delight men and customers, and they don’t attention being the seamless muse! Gurgaon Escorts
    Gurgaon Escorts Service 
    Young Escorts Service
    Gurgaon Call Girls Escorts Service 
    Aerocity Escorts
    Defence Colony Escorts

    ReplyDelete
  13. This comment has been removed by the author.

    ReplyDelete
  14. very nice post, i definitely love this excellent website, continue it

    ReplyDelete