The Year of Global Expansion and Enforcement - 2016 Anti-Bribery and Corruption Benchmarking Report is a result of collaboration between Kroll and the Ethisphere Institute.\r
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We are witnessing an evolution in anti-bribery and corruption compliance, both in the maturation of company programs and in global regulatory expectations. Advancements can especially be seen at the C-suite and board level, where engagement is trending up. Greater executive and board involvement, combined with a heightened appreciation of reputation-related risks, is driving a greater understanding that doing business the right way is the most effective path to sustainable and profitable growth. From the other side of the table, global regulators are being more transparent and deliberate in their guidance and expectations, and companies are responding.\r
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Despite some of these positive developments, the vast majority of respondents reported that in 2015 they were either\r
as concerned (60 percent) or more concerned (31 percent) about bribery and corruption risks than in prior years. Compliance officers are feeling the pressure not only from changes inside the business, such as global expansion and\r
the resulting increase in the sheer number of third party relationships, but also new signs from regulators throughout the world with respect to imposing personal liability on corporate executives for the bad behavior of their corporate entities. So, despite the significant strides made in some areas, there remain sizeable opportunities for improvement.
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