Kenyans decry incessant corruption but reluctant to report incidentsAfrobarometer
In the second release of Afrobarometer Round 6 results on corruption, Two-Thirds (64%) in Kenya say that the level of corruption in the country has increased somewhat or a lot in the past year. See more in this presentation.
Kenyans decry incessant corruption but reluctant to report incidentsAfrobarometer
In the second release of Afrobarometer Round 6 results on corruption, Two-Thirds (64%) in Kenya say that the level of corruption in the country has increased somewhat or a lot in the past year. See more in this presentation.
Findings from India Fraud Survey 2012: Fraud and Corporate Governance - Chang...EY
A report based on a survey conducted to understand the fraud scenario in India. This study aims to understand how businesses have coped with increasing fraud and corruption risk last year, what the emerging fraud risks in the industry are and the measures taken by various organizations to mitigate these risks.
For further information on EY's fraud investigation and dispute services, please visit: http://www.ey.com/IN/en/Services/Assurance/Fraud-Investigation---Dispute-Services
Every year, $13.8 billion dollars in productivity is lost resulting from trips to the DMV. Average work hours lost to DMV trips per year 2.63 x the average US wage $24.75 x population of drivers in US 212,000,000 = $13,799,610.
Etude PwC sur la fraude dans le secteur de la distribution et des biens de co...PwC France
http://bit.ly/FraudeRetail
Le secteur de la distribution & des biens de consommation est le secteur le plus touché par la fraude – avec les services financiers –, comme le révèle l’étude du cabinet d’audit et de conseil PwC « Economic Crime Survey 2014 ». 49% des dirigeants interrogés ont déclaré avoir subi une forme de fraude au cours des 24 derniers mois, et ce chiffre ne cesse d’augmenter depuis 2009 (+ 12 points).
Le détournement d’actifs reste la fraude la plus commune dans la distribution (76%), et la corruption est perçue comme le risque le plus important par les entreprises qui se développent à l’international. Mais à l’heure où le secteur de la distribution & des biens de consommation se transforme sous l’influence des nouvelles technologies, une nouvelle menace apparaît, celle de la cybercriminalité.
Tony Fiore, attorney at Kegler Brown and director of government affairs for the Ohio State Council of SHRM, moderated "Hazed and Confused" at the 2015 Ohio SHRM Employment Law + Legislative Conference on June 3, 2015.
The presentation examined the impact of marijuana legalization in Colorado and Washington and Ohio's proposed ballot initiatives. Additional speakers included Kelley Duke from Ireland Stapleton Pryor & Pascoe (Denver, CO) and Cliff Webster from Carney, Badley, Spellman (Seattle, WA).
UK energy theft: a focus on consumer awareness & attitudesEchoMarketing
24 page research report from UK revenue protection services outsourcer Echo Managed Services examining consumer awareness of meter tampering/energy theft and their attitudes towards it.
A Resource Guide to theU.S. Foreign Corrupt Practices Act
Credit is due to all original authors and no financial gain was made from the report, Simply sharing an interesting story for educational purposes,
Corruption is an ancient problem that has always been with us. It has had variegated incidence in different times at different places, with varying degrees of damaging consequences. In common usage corruption is used to mean different things in different context. Sometimes people invoke legality and almost interchangeably use the word corrupt and illicit in describing a transaction. But clearly not all illegal transaction are corrupt nor all instances of corruption or bribery are illegal. Similarly one should keep a distinction between immoral and corrupt transactions. Having different meanings of corruption, this paper mostly confine to the use of public office for private gain or the agency problem.
The method of finding disparity between the networks of public transit and daily interest are measured by overlaying the metric and graphic information. By drawing comparison between the metric and graphic space of vulnerabilities, the disjuncture between the traffic network’s proximity to destination and physical organization and road network on site can be seen as a cause for failure. By understanding the higher risks involved from transit, this analysis creates a hypothetical scene to quantify who and what geographic regions are at risk when it comes to finding medical safety. People who are traveling beyond the four-mile radius is cross more at-risk road intersections due to the increased number or others with the same destination point.
Findings from India Fraud Survey 2012: Fraud and Corporate Governance - Chang...EY
A report based on a survey conducted to understand the fraud scenario in India. This study aims to understand how businesses have coped with increasing fraud and corruption risk last year, what the emerging fraud risks in the industry are and the measures taken by various organizations to mitigate these risks.
For further information on EY's fraud investigation and dispute services, please visit: http://www.ey.com/IN/en/Services/Assurance/Fraud-Investigation---Dispute-Services
Every year, $13.8 billion dollars in productivity is lost resulting from trips to the DMV. Average work hours lost to DMV trips per year 2.63 x the average US wage $24.75 x population of drivers in US 212,000,000 = $13,799,610.
Etude PwC sur la fraude dans le secteur de la distribution et des biens de co...PwC France
http://bit.ly/FraudeRetail
Le secteur de la distribution & des biens de consommation est le secteur le plus touché par la fraude – avec les services financiers –, comme le révèle l’étude du cabinet d’audit et de conseil PwC « Economic Crime Survey 2014 ». 49% des dirigeants interrogés ont déclaré avoir subi une forme de fraude au cours des 24 derniers mois, et ce chiffre ne cesse d’augmenter depuis 2009 (+ 12 points).
Le détournement d’actifs reste la fraude la plus commune dans la distribution (76%), et la corruption est perçue comme le risque le plus important par les entreprises qui se développent à l’international. Mais à l’heure où le secteur de la distribution & des biens de consommation se transforme sous l’influence des nouvelles technologies, une nouvelle menace apparaît, celle de la cybercriminalité.
Tony Fiore, attorney at Kegler Brown and director of government affairs for the Ohio State Council of SHRM, moderated "Hazed and Confused" at the 2015 Ohio SHRM Employment Law + Legislative Conference on June 3, 2015.
The presentation examined the impact of marijuana legalization in Colorado and Washington and Ohio's proposed ballot initiatives. Additional speakers included Kelley Duke from Ireland Stapleton Pryor & Pascoe (Denver, CO) and Cliff Webster from Carney, Badley, Spellman (Seattle, WA).
UK energy theft: a focus on consumer awareness & attitudesEchoMarketing
24 page research report from UK revenue protection services outsourcer Echo Managed Services examining consumer awareness of meter tampering/energy theft and their attitudes towards it.
A Resource Guide to theU.S. Foreign Corrupt Practices Act
Credit is due to all original authors and no financial gain was made from the report, Simply sharing an interesting story for educational purposes,
Corruption is an ancient problem that has always been with us. It has had variegated incidence in different times at different places, with varying degrees of damaging consequences. In common usage corruption is used to mean different things in different context. Sometimes people invoke legality and almost interchangeably use the word corrupt and illicit in describing a transaction. But clearly not all illegal transaction are corrupt nor all instances of corruption or bribery are illegal. Similarly one should keep a distinction between immoral and corrupt transactions. Having different meanings of corruption, this paper mostly confine to the use of public office for private gain or the agency problem.
The method of finding disparity between the networks of public transit and daily interest are measured by overlaying the metric and graphic information. By drawing comparison between the metric and graphic space of vulnerabilities, the disjuncture between the traffic network’s proximity to destination and physical organization and road network on site can be seen as a cause for failure. By understanding the higher risks involved from transit, this analysis creates a hypothetical scene to quantify who and what geographic regions are at risk when it comes to finding medical safety. People who are traveling beyond the four-mile radius is cross more at-risk road intersections due to the increased number or others with the same destination point.
company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
Overcoming compliance fatigue - Reinforcing the commitment to ethical growth ...EY
This presentation is based on EY FIDS' 13th Global Fraud Survey. It highlights the state of fraud, bribery and corruption, comprising global as well as India findings.
For further information, please visit: http://www.ey.com/FIDS
A renewed focus on enhancing extended enterprise risk management (EERM) maturity has emerged in the last year amid increasing perceptions of dependence on third parties, although moving up the maturity curve has been slower than expected.
Etude PwC "Crime Survey 2014" sur la fraude dans le secteur pharmaceutique (o...PwC France
http://bit.ly/FraudePharmaCP
La 7ème édition de l’étude mondiale de PwC sur la fraude en entreprise, la “Global Economic Crime Survey 2014 », a été réalisée auprès de 5,128 dirigeants d’entreprises issus de 99 pays. 259 de ces répondants sont des dirigeants du secteur pharmaceutique et des sciences de la vie.
Insurance Fraud (Business Decision Making Project - Fina.docxmariuse18nolet
Insurance Fraud (Business Decision Making Project - Final Collaboration)
Running head: INSURANCE FRAUD (BUSINESS DECISION MAKING PROJECT -
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INSURANCE FRAUD (BUSINESS DECISION MAKING PROJECT -
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Insurance Fraud (Business Decision Making Project - Final Collaboration)
Insurance fraud is something that affects all aspects of insurance. Fraud, according to merriam-webster.com, is “using dishonest methods to take something valuable from another person.” (2015) in this presentation, we will discuss who is affected by fraud, different types of fraud, why fraud is an issue, and how we can help stop fraud.
Consumers, insurance companies, innocent “victims” in accidents, police and district attorneys are all affected by fraud of different types. There are many reasons why insurance fraud is an issue. Insurance companies pay out on fraudulent claims, which then cause premiums to increase for consumers. A study conducted by the Coalition Against Insurance Fraud shows that consumers see an increase of between 13% and 18% annually in premiums as a result of insurance fraud. (insurance-fraud.org, 2015) This means that of every $100 dollars consumers pay in premium, between $11.50 and $15.25 of this is due to insurance fraud.
Victims in car accidents can be affected because the insurance company may not pay a valid claim due to fraudulent actions by one or both parties in a loss. Police and district attorneys have to use valuable resources to combat against fraud.
The Top Questionable Insurance Claims
With insurance fraud being so prevalent the Insurance Information Institute released statistical data on the top questionable insurance claim categories that have been increasing year over year. Personal Property claims take top billing when it comes to fraud claims. Included in this section is homeowners insurance and renters insurance. Not only in the residential world do we have claims but in the business world as well with Commercial property claims coming in second place and workers compensation claims comes in a strong third place. These claims seem to be easier to get away with fraud due to the lack of property or injuries that can be claimed.
Data analysis
The total cost of in the United State is estimated by $ 40 Billion a year which cuts the insurers profits and limits their ability to offer consumers competitive premiums. The data analysis shows that insurance fraud among serious citizen. In addition, and according to the Insurance Fraud organization (2015), the auto insurance fraud $4.8 billion to $6.8 billion in excess payments to auto injury claim. Worker's compensation insurance fraud including employees misclassified by employers increased from 106,000 workers to more than 150,000 workers, schemes that stole $489 million in workers compensation premiums. In the Health care industry, data shows fraud account is increasing by 19% annually as of 2007. The fraud increased from $600 to $800 Billion in waste in the U.S hea.
How concerned is the public about the privacy of their personal information? Has their concern changed over the past two years in light of recent privacy breaches? Previous research by J.D. Power and SSI in 2012 revealed cohort differences in personal data sharing, with older generations engaging in less online behavior and having more serious concerns about consumer privacy. Overall in the US, 68% of people agreed or strongly agreed that existing laws and organizational practices provided a reasonable level of protection for consumer privacy, however 81% of respondents also felt that consumers had lost control over their personal information and its collection/use by companies.
As privacy issues continue to be at the forefront of consumer’s minds, does this translate into higher percentages of respondents in 2014 that believe current laws are not sufficient to protect consumer information and that control over their personal information has continued to degrade? And, perhaps most importantly, how do these perceptions over privacy impact actual consumer behavior (if at all)? This presentation will focus on changes over time in privacy perceptions, differences among markets, and the relationship between consumers with higher levels of privacy concern and their attitudes and behaviors (e.g. providing false information, setting profile to private). Most importantly, the presentation addresses how this may directly impact market researchers- such as a consumer’s willingness to participate in surveys due to privacy concerns.
Get insight into what types of fraud and abuse online businesses are concerned with, what types of fraud detection they're investing in, and what trends they're seeing.
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2. Miller & Chevalier Chartered millerchevalier.com Matteson Ellis Law PLLC mattesonellislaw.com Latin America Corruption Survey 1
Executive Summary
With the media reporting on corruption scandals in the Americas on almost a daily basis, the
region has a reputation for being a high-risk compliance environment. But focusing on the
negative often overshadows the positive developments underway in the region, such as the
enactment of new anti-corruption legislation and increased use of anti-corruption compliance
programs by regional and multinational companies. As a result, it is sometimes difficult to gain
an accurate picture of the complex nature of corruption risk in the region.
With that challenge in mind, U.S. law firms Miller & Chevalier Chartered (Miller & Chevalier)
and Matteson Ellis Law joined with 12 Latin American law firms in a survey of companies
spanning 14 countries in the Americas to gain an understanding of the extent of corruption in
countries throughout the region, the effects of corruption on companies operating in those
countries, perceptions of the effectiveness of regional anti-corruption laws, and tools that
companies are using to address corruption risks.
While some of the survey results showed remarkable consistency with a similar study Miller &
Chevalier conducted in 2008, there were also notable differences suggesting a growing
relevance of anti-corruption laws in the region, such as more attention to compliance and more
widespread familiarity with the substance and reach of the U.S. Foreign Corrupt Practices Act
(FCPA).
Highlights of Miller & Chevalier and Matteson Ellis Law’s 2012 Latin America
Corruption Survey include:
Half of all respondents believe that their company has lost business to competitors making illicit
payments in the region. Further, 44% say corruption is a significant obstacle to doing business.
Just 28% of respondents believe anti-corruption laws are effective in the country where they
work, which is an improvement over the 2008 survey (18%). Chile (76%) and the United States
(70%) are seen as having the most effective laws.
The anti-corruption environment throughout the region is showing some signs of improvement
from a corporate compliance perspective. 85% of respondents say their company’s
management has taken steps to protect the organization from corruption risk, up from 77% in
2008. 51% say their company has lost business to competitors that have made illicit payments,
down from 59% in 2008. 75% are aware of an offender being prosecuted for making or
receiving illicit payments, up from 69% in 2008. These slight changes, in the aggregate, suggest
overall improvement and trends to watch.
3. Miller & Chevalier Chartered millerchevalier.com Matteson Ellis Law PLLC mattesonellislaw.com Latin America Corruption Survey 2
More companies operating in the region are prioritizing compliance. Among companies publicly
listed in the United States and operating in Latin America, 92% of have developed an anti-
corruption policy, 90% have implemented anti-corruption training and 90% have established
procedures for gifts, travel, and entertainment for officials. 64% employ full-time compliance
personnel.
The most frequently implemented anti-corruption measures for multinational, regional, and
local companies include general anti-corruption policies (81%); procedures for gifts, travel, and
entertainment for officials (70%); procedures for charitable and community donations (63%);
and anti-corruption training (61%).
Effective government investigation and prosecution, coupled with enhanced accountability and
transparency in the public sector, are seen as keys to reducing overall corruption.
64% of respondents say they are somewhat or very familiar with the FCPA, similar to the 2008
survey (66%). However, in an improvement over 2008, of the respondents whose companies
are clearly subject to the FCPA – because the company is publicly listed in the United States or
an affiliate of a U.S. multinational company – just three percent think their company is not
subject to the FCPA and 19% “don’t know.” In 2008, 30% of the respondents whose companies
were clearly subject to the FCPA did not recognize that their companies were covered by the
law.
4. Miller & Chevalier Chartered millerchevalier.com Matteson Ellis Law PLLC mattesonellislaw.com Latin America Corruption Survey 3
2012 Latin America Corruption Survey Results
Respondents were asked to complete a short questionnaire designed to measure their thoughts
and perspectives on the state of corruption throughout Latin America and the United States in
2012. The following charts represent the collective input of 439 respondents to the survey. A
full overview of the survey methodology can be found at the end of this report.
1. In the country in which you work, are you aware of any company, individual, or
government official being prosecuted for making or receiving an improper
payment, gift, or other benefit related to obtaining business?
Responses % Percentage of total respondents
Yes 75.12%
No 22.88%
20% 40% 60% 80% 100%
By country, respondents who said they were aware of a company, individual, or
government official being prosecuted for making or receiving an improper payment, gift, or
other benefit:
Argentina 88%
Bolivia 81%
Brazil 88%
Chile 66%
Colombia 90%
Costa Rica 100%
Ecuador 50%
Guatemala 73%
Mexico 68%
Paraguay 68%
Peru 75%
United States 79%
Uruguay 72%
Venezuela 52%
In 2008, 69% of respondents said they were aware of a prosecution for making or receiving
illicit payments to obtain business.
o In 2008, 46% of Mexican respondents, 52% of Argentine respondents, 71% of
Colombian respondents, 74% of U.S. respondents, 79% of Brazilian respondents,
82% of Peruvian respondents, and 86% of Chilean respondents were aware of
someone being prosecuted for making illicit payments related to obtaining business.
5. Miller & Chevalier Chartered millerchevalier.com Matteson Ellis Law PLLC mattesonellislaw.com Latin America Corruption Survey 4
2. Do you believe that an offender is likely to be prosecuted in the country where
you work?
Responses % Percentage of total respondents
Yes 63.53%
No 36.47%
20% 40% 60% 80% 100%
Although three quarters of respondents to Question One stated that they are aware of
instances where offenders have been prosecuted, more than one third of respondents to
Question Two do not believe offenders are likely to be prosecuted. This may reflect
significant attention on the part of the press to high-profile cases of corruption, but could
also indicate how rare such cases may be in the experience of the respondents.
Respondents from local/regional companies are less likely to believe an offender will be
prosecuted (55%) than respondents from multinational companies (69%).
By region, respondents who believe an offender is likely to be prosecuted in their country:
Argentina 54%
Bolivia 69%
Brazil 75%
Chile 89%
Colombia 81%
Costa Rica 95%
Ecuador 50%
Guatemala 36%
Mexico 40%
Paraguay 37%
Peru 88%
United States 82%
Uruguay 72%
Venezuela 39%
Of those respondents unaware of any company, individual, or government official being
prosecuted for making or receiving illicit payments related to obtaining business, 42% do
not believe an offender is likely to be prosecuted. Among those who are aware of
enforcement actions, the deterrent effect of the law is, predictably, higher. 71% of
respondents who are aware of a company, individual or government official being
prosecuted for making or receiving illicit payments related to obtaining business (in
Question One) believe an offender is likely to be prosecuted.
In 2008, 66% of respondents thought an offender was likely to be prosecuted, a number
that is basically unchanged in 2012.
6. Miller & Chevalier Chartered millerchevalier.com Matteson Ellis Law PLLC mattesonellislaw.com Latin America Corruption Survey 5
3. Do you believe that your company has lost business to competitors that have
made illicit payments?
Responses % Percentage of total respondents
Yes 51.19%
No 48.81%
20% 40% 60% 80% 100%
Respondents from local/regional companies (59%) are more likely than those respondents
from multinational companies (46%) to believe their company has lost business to
competitors making illicit payments.
o In 2008, 59% of respondents believed they had lost business to competitors making
illicit payments.
4. After you lost business to competitors that made illicit payments, did you report
your concerns to the authorities?
Responses % Percentage of total respondents
Yes 12.62%
No 87.38%
20% 40% 60% 80% 100%
By country, those who reported concerns to authorities:
Argentina 8%
Bolivia 8%
Brazil 7%
Chile 25%
Colombia 38%
Costa Rica 25%
Ecuador 20%
Guatemala 8%
Mexico 7%
Paraguay 13%
Peru 0%
United States 18%
Uruguay 20%
Venezuela 11%
Although more than half of respondents say their company lost business to competitors
making illicit payments, and almost two thirds believe an offender is likely to be prosecuted,
only 13% reported concerns to authorities. The percentages were only slightly higher in
countries generally perceived to have effective enforcement, such as the United States.
7. Miller & Chevalier Chartered millerchevalier.com Matteson Ellis Law PLLC mattesonellislaw.com Latin America Corruption Survey 6
o This lack of reporting seems to continue a trend. In 2008, just 9% of respondents
who lost business to competitors engaging in illegal activities reported those
concerns to officials.
5. After you reported your concerns to the authorities, did the government
investigate the matter?
Responses % Percentage of total respondents
Yes 33.33%
No 66.67%
20% 40% 60% 80% 100%
For the small percentage of respondents in Question Four who reported concerns to
authorities (13%), the apparent response of the government was underwhelming with only
33% of reports leading to investigation. This lack of government response may, in part,
explain the reluctance of respondents to report concerns.
6. Do you think anti-corruption laws are effective in the country where you work?
Responses % Percentage of total respondents
Yes 28.10%
No 71.90%
20% 40% 60% 80% 100%
Nearly three-quarters of respondents say anti-corruption laws are ineffective in the country
where they work. Coupled with responses to Question Two – where a third of respondents
say they do not believe an offender is likely to be prosecuted – these perceptions may
explain why only 13% of respondents who lost business to corrupt competitors reported
concerns to authorities (Question Four).
8. Miller & Chevalier Chartered millerchevalier.com Matteson Ellis Law PLLC mattesonellislaw.com Latin America Corruption Survey 7
Respondents who think anti-corruption laws are effective in their country:
Argentina 12%
Bolivia 27%
Brazil 17%
Chile 76%
Colombia 29%
Costa Rica 50%
Ecuador 6%
Guatemala 2%
Mexico 16%
Paraguay 0%
Peru 57%
United States 70%
Uruguay 52%
Venezuela 7%
Consistent with Transparency International’s Corruption Perception Index (CPI), Chile and
the United States get the highest marks for effective anti-corruption laws. The United States
is widely recognized as an aggressive enforcer of its anti-corruption laws; Chile has a less
recognized enforcement track record, but consistently ranks as the least corrupt Latin
American country in Transparency International’s CPI.
Although only 28% of respondents believe their county’s anti-corruption laws are effective,
the result is an improvement over the 2008 results, in which 18% of respondents said anti-
corruption laws were effective in the country where they work.
7. Is corruption a significant obstacle to doing business for your company?
Responses % Percentage of total respondents
Yes 44.00%
No 56.00%
20% 40% 60% 80% 100%
Respondents at local/regional companies view corruption as a more significant obstacle
than those respondents from multinational companies (52% compared to 39%).
o Multinational companies are more likely to have implemented compliance
programs, which may explain why they view corruption as less of an obstacle than
local/regional companies.
Of respondents who believe corruption is a significant obstacle to doing business, 77%
believe they have lost business to competitors that have made illicit payments (compared
to 51% of all respondents). 86% believe anti-corruption laws are not effective in their
country (compared to 72% overall).
In 2008, 48% of respondents said corruption was a significant obstacle to doing business.
9. Miller & Chevalier Chartered millerchevalier.com Matteson Ellis Law PLLC mattesonellislaw.com Latin America Corruption Survey 8
8. To the extent public corruption exists in the country where you work, rank the
level of corruption in the following areas of government:
Venezuelan (81%) and Argentine (80%) respondents rank executive branch corruption
highest. Chilean (3%) respondents rank executive branch corruption lowest.
Guatemalan (85%) respondents rank legislative branch corruption highest. Uruguayan (8%)
and Chilean (3%) respondents rank legislative branch corruption lowest.
Venezuelan (93%) respondents rank judicial branch corruption highest. Uruguayan (9%) and
U.S. (9%) respondents rank judicial branch corruption lowest.
Venezuelan (97%) respondents rank customs corruption highest. Chilean (6%) respondents
rank customs corruption lowest.
Mexican (92%) respondents rank police corruption highest. Chilean (6%) respondents rank
police corruption lowest.
Mexican (88%) respondents rank municipal/local corruption highest. Argentine (4%)
respondents rank municipal/local corruption lowest.
21.36%
13.94%
20.34%
11.78% 11.56% 10.77%
33.98%
30.81% 32.69%
30.05%
26.89%
37.08%
44.66%
55.26%
46.97%
58.17%
61.56%
52.15%
0%
10%
20%
30%
40%
50%
60%
70%
Executive Branch Legislative
Branch
Judicial Branch Customs Police Municipal/Local
Minimal-to-no corruption Moderate corruption Significant corruption
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Note: For further analysis, a six-chart breakdown by area of government is available in the
methodology section of the report.
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Significant Corruption by Country of Respondent
Argentina
Bolivia
Brazil
Chile
Colombia
Costa Rica
Ecuador
Guatemala
Mexico
Paraguay
Peru
US
Uruguay
Venezuela
1.61 1.6 1.56
0.48
1.51
1.34
1.62 1.64
1.51
1.79
1.25
0.88 0.84
1.69
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
Average Government Corruption Ranking by
Country (scale of 0-2)
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Each response was weighted on a scale of zero-to-two, with two being significant
corruption. When averaged together by country, the responses show three distinct
corruption tiers:
o Chile, Uruguay and the United States are seen as having the lowest overall
government corruption.
o Peru and Costa Rica straddle the corruption tiers with more corruption perceived at
the local/police/customs level but fairly trustworthy national-level executive,
legislative, and judicial branches.
o At the other end of the spectrum, Colombia, Mexico, Brazil, Bolivia, Argentina,
Ecuador, Guatemala, and Venezuela are seen as having significant government
corruption, with Paraguay topping the list. In Question Six, none of the respondents
indicated that anti-corruption laws are effective in Paraguay.
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9. How would you rate corruption in the countries where you have business
experience?
Consistent with responses to the other questions and Transparency International’s CPI,
respondents ranked the United States and Chile as the least corrupt countries and
Venezuela, Argentina, Mexico, and Bolivia as countries with significant corruption
challenges.
10.Rank the activities you think may prove effective in reducing overall corruption
in the countries where you work. (1= more effective, 4=less effective)
Responses Rank 1 Rank 2 Rank 3 Rank 4
Weighted
Rank
Effective Government
Investigation and Prosecution
171 152 68 39 1 (1315)
Enhanced Accountability and
Transparency in Public Sector
164 145 72 49 2 (1284)
Corporate Responsibility and
Accountability
51 94 178 107 3 (949)
Public Discussion, Participation,
and Social Policing
44 39 112 235 4 (752)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Significant Obstacle Occasional obstacle Not a significant obstacle
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Overall, respondents say enforcement and public accountability are the most effective tools
for addressing corruption. Internal corporate responsibility and social policing are viewed as
secondary and less effective tactics.
o These results suggest that respondents think that steps addressing the “demand
side” of the corruption equation are more effective than efforts focused on the
“supply/self-policing side.”
Respondents consistently list the activities in the same order of effectiveness, regardless of
type of company. Perceptions are steady across local/regional and multinational companies.
Responses relate to Question Six where, when asked about the effectiveness of anti-
corruption laws, Chile and the United States got top marks. The United States may enjoy its
good reputation because of aggressive enforcement, and Chile for its perceived clean
government, the two corruption-fighting activities that received the highest rankings in the
responses to this question.
One respondent noted, “Anti-corruption laws are only as effective as the effectiveness of the
entities that enforce them. Detailed laws mean very little if the judges and the judicial systems
do not apply them in a timely and robust way without consideration of who is sanctioned.”
Another respondent said, “In Mexico, the public sector needs to be more transparent and
penalties for corruption at all levels need to be more strict and publicized.”
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11.Has your company's management taken steps to protect the company from
corruption risk?
Responses % Percentage of total respondents
Yes 85.38%
No 14.62%
20% 40% 60% 80% 100%
Despite the fact that only 28% of respondents believe anti-corruption laws are effective, or
perhaps because that statistic suggests the need for self-protection, 85% of respondents say
company management has taken steps to protect the company from corruption risk, up
from 77% in 2008.
75% of respondents from regional/local companies say their management has taken steps
to protect the company from corruption risk. This compares to 93% of respondents from
multinational companies.
95% of respondents from publicly traded companies say company management has taken
steps to protect the company from corruption risk. 80% of respondents from private
companies agree.
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12. In what ways has your company’s management taken steps to protect the
company from corruption risk?
Responses % Percentage of total respondents
Anti-corruption training 61.22%
Anti-corruption policy 81.44%
Due diligence policies for third
parties
50.97%
Anti-corruption contract terms 59.00%
Procedures for gifts, travel, and
entertainment for officials
69.81%
Procedures for charitable and
community donations
62.60%
Procedures for political
contributions
51.25%
Procedures for facilitation
payments
49.58%
Pre-acquisition due diligence 51.25%
Anti-corruption audits and
assessments
51.25%
Anonymous reporting mechanisms 52.63%
Full-time compliance personnel 43.77%
Other (please specify) 10.80%
20% 40% 60% 80% 100%
Of respondents who work for companies publicly listed in the United States, 92% have
developed an anti-corruption policy; 90% have implemented anti-corruption training; 90%
have established procedures for gifts, travel, and entertainment for officials; and 72% say
they have implemented due diligence policies for third parties. 64% employ full-time
compliance personnel.
Respondents from publicly traded companies – U.S. and otherwise – are almost twice as
likely as their private company counterparts to cite significant corruption-protection
measures undertaken by their management. For example:
o Anti-corruption training (82% public; 46% private)
o Due diligence policies for third parties (65% public; 39% private)
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o Procedures for charitable and community donations (81% public; 53% private)
o Anonymous reporting mechanisms (73% public; 38% private)
Local/regional companies lag far behind multinationals when it comes to implementing
corruption protection measures. For example, just 35% of respondents from local/regional
companies say their business has anti-corruption training, compared to 76% of
multinationals; 32% of local/regional companies have policies on due diligence for third
parties compared to 60% of multinationals; and 35% of local/regional companies have
procedures for political contributions compared to 61% of multinationals. Only 20% of
local/regional companies employ full-time compliance personnel compared to 56% of
multinationals.
Additional implemented anti-corruption measures cited by respondents include a ban on
facilitation payments; an Ethics & Compliance Awareness Week; annual certification;
creation of an Ethics Committee; the highlighting of prior enforcement actions; change of
company culture toward moral values; and a focus on clients and markets that are less
corrupt.
Implementation of due diligence measures does not appear to have significantly increased
over the past four years. However, it is clear that actions by third party intermediaries
remain one of the greatest sources of corruption risk for companies subject to the FCPA
operating in the region. Looking back at FCPA enforcement actions in 2011 that involved
Latin America, almost all included risk created “indirectly” by third party intermediaries,
such as customs agents, consultants, sales agents, and deal brokers.
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13.Where does dealing with corruption risk rank within the priorities of your
company?
Responses % Percentage of total respondents
Top Priority 55.42%
Moderate Priority 28.07%
Low Priority 16.51%
20% 40% 60% 80% 100%
39% of respondents from local/regional companies say corruption risk is a top priority
compared to 67% of respondents from multinationals.
72% of respondents from public companies say corruption risk is a top priority compared to
46% of respondents from private companies.
The results of 2008 are essentially the same as in 2012 with corruption risk a top priority for
55%, a moderate priority for 31%, and a low priority for 14% of respondents.
One respondent from a multinational agricultural company noted, “We have an active
ethics and internal controls annual survey that all employees have to respond to based on
any conflict of interest or practices they must comply on or report about. Constant
education and discussion about our values and practices-policies help indoctrinate new
employees and maintain all of us within the law.”
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14.Has the importance of preventing corruption increased/decreased/remained the
same for your company over the last five years?
Responses % Percentage of total respondents
Increased 62.80%
Decreased 2.84%
Remained the same 34.36%
20% 40% 60% 80% 100%
Just 36% of Bolivian respondents say the importance has increased, and 64% say it has
stayed the same.
Just 33% of Ecuadorian respondents say the importance has increased, and 61% say it has
stayed the same.
80% of Mexican respondents, 86% of Peruvians, and 79% of Paraguayans say the
importance has increased.
In 2008, 66% of respondents said the importance of preventing corruption had increased,
and 31% said it remained the same over the previous five years.
While the importance of addressing corruption has declined for multinational companies,
the decline may reflect confidence in past efforts to address corruption issues through
implementation of compliance programs. In contrast, while the importance of addressing
corruption to local/regional companies lags behind multinationals, an upward trend is
evident.
o In 2008, 74% of respondents from multinational companies said the importance of
preventing corruption had increased over the previous five years. In 2012, that
number dropped to 69%.
o Conversely, in 2008, 45% of respondents from local/regional companies said the
importance of preventing corruption had increased over the previous five years. In
2012, that number rose to 54%.
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15.Have you heard of the U.S. Foreign Corrupt Practices Act (FCPA)?
Responses % Percentage of total respondents
Not at all familiar with the FCPA 35.70%
Somewhat familiar with the FCPA 28.61%
Very familiar with the FCPA 35.70%
20% 40% 60% 80% 100%
49% of respondents from multinational companies say they are very familiar with the FCPA,
and only 24% are not at all familiar with the Act.
o Not surprisingly, regional/local companies that are less likely to be subject to the
FCPA are less familiar with the law. More than half (53%) are not at all familiar with
it.
77% of Bolivians, 68% of Paraguayans, 60% of Venezuelans, and 53% of Guatemalans are
not at all familiar with the FCPA.
16.Is your company subject to the FCPA?
Responses % Percentage of total respondents
Yes 41.27%
No 29.95%
Don't Know 28.77%
20% 40% 60% 80% 100%
In an improvement over 2008, of the 182 respondents whose companies are clearly subject
to the FCPA – because the company is publicly listed in the United States or an affiliate of a
U.S. multinational company – just three percent think their company is not subject to the
FCPA and 19% “don’t know.”
o In 2008, 30% of the respondents whose companies were clearly subject to the FCPA
did not recognize that their companies were covered by the law.
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17.Have you heard of the UK Bribery Act (UKBA)?
Responses % Percentage of total respondents
Not at all familiar with the UKBA 59.10%
Somewhat familiar with the UKBA 22.22%
Very familiar with the UKBA 18.68%
20% 40% 60% 80% 100%
Not surprisingly, the FCPA is more familiar than the UKBA to respondents in the region. The
UKBA was just enacted in 2010, and the region is home to significantly more U.S. than UK
investment.
47% of respondents from multinational companies are not at all familiar with the UKBA.
78% of respondents from local/regional companies are not familiar with the law.
58% of respondents from public companies are somewhat or very familiar with the UKBA.
About half as many respondents from private companies (30%) are somewhat or very
familiar with the UKBA.
85% of Bolivian, 84% of Paraguayan, 83% of Ecuadorian, 80% of Guatemalan, 79% of
Uruguayan, 76% of Colombian, and 72% of Costa Rican respondents are not at all familiar
with the UKBA.
68% of U.S. respondents say they are very familiar with the UKBA, and 21% are somewhat
familiar.
One respondent noted, “While we are very familiar with the laws and risks, there is less
clarity about application and, as a result, we tend to decline / avoid activities that are
perceived as entailing some risk rather than effectively evaluating the risk and putting
mitigations in place.”
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Verbatims
Respondents were asked to share their thoughts on corruption in an open forum section of the
survey designed to elicit comments. The following represent select verbatims received.
Corruption is sometimes justified as necessary in order to compete/survive once it is relatively
widely spread. Once made part of the ordinary course of business, corruption requires a
combination of factors to discourage it by creating the risks involved greater than the benefits
received.
Corruption is a “deadly cancer” in Latin America which evolves from a lack of moral standards
both from the individual who receives the benefits from corruption as well as from the individual
who offers the gratuity. Both should be prosecuted with no excuse.
I work for a multinational bank headquartered in the UK. We also operate in the USA so U.S.
regulations apply. All employees are required to take online trainings on anti-corruption and
anti-money laundering on an annual basis. We work under a strict set guidelines that our
competition is not necessarily obliged to comply with. This definitely puts us at a competitive
disadvantage and creates an un-level playing field. For those of us who work for ethical
companies that comply with the regulations it is part of life, but I am sure it makes us less agile
in securing business opportunities versus the competition.
I´ve worked in the financial service industry for multinationals in Argentina, Mexico, and Brazil.
In my experience over the years I´ve come to the conclusion that corruption is institutionalized in
these economies. It is so present at all levels of society and in every corner that it is part of one´s
everyday life when living in these societies.
FCPA and UKBA are totally ineffective. They only serve as a means to calm shareholders' minds.
They only increase the burden for honest businessmen and have no effect on political
corruption.
Mexico is many steps behind from having an appropriate legislation on anti-corruption. The new
law recently approved on April 2012 is still years behind what FCPA and UKBA establish. Also, it
is unfortunate to see how slowly the Mexican government acts on prosecuting this type of
crime.
Our company avoids contracts with government entities as a form of protection.
We have found ourselves in situations where we report an act of corruption to the government,
and then we find that the person to whom we made the report was involved in the alleged
wrongdoing.
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Methodology and Demographics
Over three weeks in April and May 2012, Miller & Chevalier and Matteson Ellis Law joined with
12 Latin American partner firms spanning 14 countries to distribute a survey via e-mail to
corporate executives at a broad cross-section of U.S. and Latin America-based companies. The
survey, available in English, Spanish, and Portuguese, was completed by 439 respondents.
Participating Latin American firms included Estudio Beccar Varela (Argentina); Ferrere
Abogados (Bolivia, Paraguay, and Uruguay); KLA-Koury Lopes Advogados (Brazil); Carey
Abogados (Chile); Posse, Herrera & Ruiz Abogados (Colombia); Pacheco Coto (Costa Rica); Paz
Horowitz Robalino Garcés (Ecuador); Quiñones, Ibargüen, Lujan & Mata, S.C. (Guatemala);
Rubio Villegas y Asociados (Mexico); Arosemena, Noriega & Contreras (Panama); Rodrigo, Elias
y Medrano (Peru); and Hoet Pelaez Castillo & Duque (Venezuela).
29% of respondents identified themselves as a Director; 28% as an Officer or Manager; 22% as a
lawyer; and six percent identified themselves as a compliance officer.
40% of respondents work at a local/regional company, and 60% at a multinational corporation.
36% of respondents work at a business that is publicly listed in the United States. Responses
were received from executives throughout the Americas in a broad range of industries.
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In what sector do you work?
Responses % Percentage of total respondents
Agriculture 6.21%
Banking 5.73%
Consumer Products 10.26%
Energy 8.35%
Insurance 3.58%
Manufacturing 10.98%
Mining 3.58%
Pharmaceuticals/Medical Devices 5.73%
Telecommunications 4.77%
Utilities 2.39%
Other 38.42%
20% 40% 60% 80% 100%
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In what country do you work?
Responses % Percentage of total respondents
Argentina 6.10%
Bolivia 6.10%
Brazil 14.08%
Chile 8.22%
Colombia 4.93%
Costa Rica 5.16%
Ecuador 4.23%
Guatemala 13.15%
Mexico 5.87%
Paraguay 4.46%
Peru 1.88%
United States 7.98%
Uruguay 5.87%
Venezuela 6.81%
Other 5.16%
20% 40% 60% 80% 100%
Due to rounding, all percentages used in all questions may not add to 100%. Percentages added
may exceed 100 % on Question 12 since a participant could select more than one answer.
Only respondents who answered “yes” to Question Three (Do you believe that your company
has lost business to competitors that have made illicit payments?) were asked to answer
Question Four (After you lost business to competitors that made illicit payments, did you report
your concerns to the authorities?). Only respondents who answered “yes” to Question Four
were asked to answer Question Five (After you reported your concerns to the authorities, did
the government investigate the matter?).
Only respondents who answered “yes” to Question 11 (Has your company’s management taken
steps to protect the company from corruption risk?) were asked to answer Question 12 (In what
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ways has your company's management taken steps to protect the company from corruption
risk?).
A few small edits were made to select verbatim responses to correct spelling and verb tenses.
Responses were translated as needed to match the language of this report.
In September 2008, Miller & Chevalier partnered with six Latin American firms on the survey:
Demarest & Almeida (Brazil); Estudio Beccar Varela (Argentina); Rubio Villegas y Asociados, S.C.
(Mexico); Brigard & Urrutia (Colombia); Rodrigo, Elías & Medrano Abogados (Peru); and Claro y
Cia (Chile).
Additional breakdown of Question Eight is available in the following six charts. Each chart
shows the percentage of respondents by country who say the level of corruption in that area of
government is significant.
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Executive Branch
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0%
20%
40%
60%
80%
100%
Legislative Branch
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Judicial Branch
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0%
20%
40%
60%
80%
100%
Customs
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Police
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0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Municipal/Local