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How Companies Can Take a Stand Against Bribery

Harvard Business Review

External standards can also be a powerful tool in support of those efforts, helping companies strengthen ethics and compliance practices by offering a clear framework for action. And consumers are placing a higher and higher value on whether a company has ethical practices, too.

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What Companies Have Learned from Losing Billions in Emerging Markets

Harvard Business Review

Those losses stemmed not from poor product, marketing, or supply chain decisions but from regulatory violations, loss of business and fines resulting from bribery and fraud, and concomitant reputational damage. Of course, everyone knows that conducting business in some of these markets can be risky.