Almost one in four companies has been approached to pay a bribe to win or retain business in the last two years, a survey has indicated.
The survey of 1,186 executives in 33 countries by Ernst & Young also suggests that 18% had lost business to a competitor prepared to pay a bribe.
Corrupt practices were perceived to be most prevalent in mining, with fewer instances in energy and banking.
Just over a tenth of UK executives said their firm had been asked for a bribe.
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