Corruption Prevention Tips
Fostering an Ethical Culture
Companies should cultivate an integrity-based ethical corporate culture and lead staff members into adopting ethical practices in their day-to-day duties so as to reduce the risks of corruption and bribery.
10 principles of building ethical culture
Ethical leadership- Communication of core values
- Comprehensible company policies
- Clear work procedures and job responsibilities
- Appropriate segregation of functions
- Adequate safeguards against tampering with sensitive information
- Strict implementation of monitoring measures and continuous review
- Independent and active audit function
- Channels for complaints and views
- Zero tolerance of malpractice and illegal behaviours