The
countries of Central and Eastern European (CEE) have made impressive progress
towards establishing (or re-establishing) democracy, the rule of law and a
market economy. However, these countries often inherited conditions conducive
to the persistence of corruption, such as a tradition of entrenched mistrust of
the State. They have also undertaken transitional tasks that are inherently
highly vulnerable to corruption, including the privatisation
of their entire economies. The result is a situation in which many CEE
countries continue to be troubled by relatively high levels of corruption.
In many
transition countries, the development and implementation of anti-corruption programmes are still at an early stage. But because these programmes have become the focal point of anti-corruption
efforts in many countries of the region, it is important to continually assess
their impact on different dimensions of corruption and to adjust these
strategies
accordingly.
Anti-corruption programmes that prove ineffective in
achieving demonstrable results in a reasonable time frame or, in the worst
case, that serve as a rhetorical cover for government inaction undermine public
confidence in all future government anti-corruption efforts. Consequently,
frequent tracking of the progress and performance of anti-corruption programmes is critical.
However in
CEE, many local companies and multinationals’ branches are lacking a structured
internal programme to mitigate the impact of
corruption in their global affairs.
Most of
the situations where corruption scandals raise and produce damages for a
company are the result of the inability to act properly on a corporate
governance level.
A
successful compliance model depends on a vision, control, training and
continuous survey.
Nonetheless
is fundamental for a company to go beyond compliance in order to really produce
a cultural shirt within employee’s and management culture on this issue.
Utilise this marcus
evans event to hear from companies with proven
strategic leadership, sophisticated corporate responsibility system and
effective human capital management skills. Regulatory compliance and law
enforcement experience in these emerging markets
