Survey Finds that More Than 55% of Companies Delay or Avoid Working with Global Business Partners; More Than 40% of Companies Have Lost Business to Competitors That Won Contracts Unethically
More than half of the companies doing business internationally are shelving key business partnerships due to concerns about corruption liability in foreign markets, according to this year’s Dow Jones State of Anti-Corruption Survey. The bi-annual survey, which surveyed more than 300 companies worldwide, also found a marked increase in the number of companies claiming to have lost business due to competitors acting unethically – from 10% in the 2009 study to 40% today.
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