The growing international clout of companies from big emerging economies will increase corruption around the world, according to Transparency International, the campaign group.
The TI 2006 Bribe Payers Index (BPI), released on Wednesday, shows businesses from India, China and Russia, who are at the bottom of the index, have the most propensity to pay bribes.
The BPI looks at the propensity of companies from 30 leading exporting countries to bribe abroad. Companies from the wealthiest countries generally rank in the top half of the Index, but still routinely pay bribes, particularly in developing economies.
“Bribing companies are actively undermining the best efforts of governments in developing nations to improve governance, and thereby driving the vicious cycle of poverty,” said Huguette Labelle, TI chairwoman.
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