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Markets today offer rewarding opportunities for organizations in new territories. But these opportunities are not devoid of the perils of encountering new risks concerning corporate corruption and fraud.

To contest the danger of denting their reputation and results, senior leaders must strive to make coping with corruption a fundamental organizational capability. This demands an uncompromising attention to compliance, a solid leadership commitment to ethical behavior, and a strong will to bear the consequences and costs of uploading these ethical practices. It requires policies, controls, commitment, and culture to endure the pressure of corrupt and fraudulent entities.

This presentation describes the 4 broad categories of corruption and fraud that executives are likely to come across in various geographies globally:

1. Bribery
2. Grease Payments
3. Extortion
4. Employee Fraud

The slide deck then highlights the 4 key principles to combating Corporate Corruption that provide tactical ideas and possible solutions on how to effectively manage this menace.

1. Have Basic Controls in Place
2. Invest in Core Functions
3. Have Strong Local Leadership
4. Tough It Out

The slide deck also includes some slide templates for you to use in your own business presentations.

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Source: Corporate Corruption and Fraud PowerPoint document

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Corporate Corruption and Fraud

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This business document is categorized under:

Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Risk Management Code of Ethics Corruption Fraud Business Ethics

Number of Slides: 24 (includes cover, transition slides)

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Upload date (first version): Sep 17, 2018

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