Risk is an inherent part of a business. It refers to the uncertainty, potential loss, or adverse outcomes a company may face due to its business activities. Businesses may encounter a variety of risks, including operational, behavioural, strategic, financial, legal, and reputational. However, there is one risk that encompasses all of these – corruption*. Bribery…
Tag Archives: Anti-Bribery and Corruption
To help businesses test the efficacy of their Anti-Corruption procedures, GoodCorporation has developed an Anti Bribery and Corruption framework. GoodCorporation’s Bribery and Corruption Framework has been designed in the same way as its Standard for corporate responsibility. It has a list of 60 good management practices that companies should follow to protect themselves against the…