Insight

2017 global anticorruption survey

Lost business, dissolved partnerships, and data’s critical role

For our fifth annual global anticorruption survey, we polled more than 300 general counsel and compliance officers on the impact that corruption risk has on their businesses. Our report explores the challenges facing corporate legal departments today and why technology and data analysis continue to play an important role in managing risk.

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For our fifth annual global anticorruption survey, we polled more than 300 general counsel and compliance officers on the impact that corruption risk has on their businesses. Our report explores the challenges facing corporate legal departments today and why technology and data analysis continue to play an important role in managing risk.

Read Report
ac global corruption

Key themes surfaced from survey

Corruption is a global problem but some regions and companies are riskier than others

Respondents said that it is becoming tougher for their companies to steer clear of potential risk. 67% believe there are locations where it is impossible to avoid corrupt business practices, namely Russia (35%), Africa (33%) and China (27%).

Corruption is a global problem but some regions and companies are riskier than others

Respondents said that it is becoming tougher for their companies to steer clear of potential risk. 67% believe there are locations where it is impossible to avoid corrupt business practices, namely Russia (35%), Africa (33%) and China (27%).

ac data monitoring

Data viewed as being critical to investigations, but still poses challenges

The survey found that 87% believe their companies use data successfully to identify possible corruption. Across all industries and sectors, data and system security continues to present concrete opportunities in 2017, with 67% of survey respondents using real-time monitoring for suspicious activity.

Data viewed as being critical to investigations, but still poses challenges

The survey found that 87% believe their companies use data successfully to identify possible corruption. Across all industries and sectors, data and system security continues to present concrete opportunities in 2017, with 67% of survey respondents using real-time monitoring for suspicious activity.

ac internal audits

Opportunities ahead: internal audits and anticorruption compliance policies

In response to the heightened enforcement environment in recent years, companies have adopted more controls and compliance policies. Among the most successful measures implemented to reduce corruption risk, internal audits and anticorruption compliance policies take the lead for survey respondents (84%).

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Opportunities ahead: internal audits and anticorruption compliance policies

In response to the heightened enforcement environment in recent years, companies have adopted more controls and compliance policies. Among the most successful measures implemented to reduce corruption risk, internal audits and anticorruption compliance policies take the lead for survey respondents (84%).

View Full Infographic

Corruption is costing companies business, but they are curtailing risk by using data, according to AlixPartners annual anticorruption survey

AlixPartners released its 5th annual global anticorruption survey. Intended to determine the impact of corruption on the global business environment and understand ways in which companies are dealing with corruption risk, the survey shows that companies continue to be concerned with corruption risk and have increasingly stopped doing business with certain partners (42%, up from 32% last year) or lost business (31%, up from 23% last year) due to corruption risk. Respondents included corporate counsel, legal and compliance officers from more than 20 major industries in the United States, Europe and Asia.

Read Press Release

AlixPartners released its 5th annual global anticorruption survey. Intended to determine the impact of corruption on the global business environment and understand ways in which companies are dealing with corruption risk, the survey shows that companies continue to be concerned with corruption risk and have increasingly stopped doing business with certain partners (42%, up from 32% last year) or lost business (31%, up from 23% last year) due to corruption risk. Respondents included corporate counsel, legal and compliance officers from more than 20 major industries in the United States, Europe and Asia.

Read Press Release

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Press Release

Corruption is costing companies business, but they are curtailing risk by using data, according to AlixPartners annual anticorruption survey

Infographic

Infographic: 2017 anticorruption survey

Interne Untersuchungen & Compliance

Insight

2016 annual global anticorruption survey

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Tarek Ghalayini

Managing Director, New York

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Diane Hughes

Managing Director, London

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In the news

Global Compliance News, Compliance Benchmark 2017: Quantifying the Fundamentals

Compliance Week, Survey: Companies losing business to corruption risk

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