25 September 2023
Some may view bribery and corruption as financial crimes, with no apparent victims. But corruption means that public money may be diverted from helping the most vulnerable in society, power is abused and infrastructure suffers.
Business relationships rely on trust. Bribery and corruption abuses that trust, and goods and services are not procured in a clear, ethical or transparent way. For this reason, an organisation or its employees should never accept or pay bribes, including facilitation payments.
However, while organisations need to comply with relevant legislation on bribery and corruption in the countries in which they operate, because there are varying standards of regulations throughout the world, this becomes a regulatory grey area. Organisations need to be aware that the UK Bribery Act 2010, and the US Foreign Corrupt Practices Act 1977 are both extraterritorial in their application.
In some countries, corruption can be so endemic as to be 'socially acceptable', for example, with requests from officials for 'facilitation payments' in order to get things done. A facilitation payment is a small sum of money paid to secure or expedite the performance of a routine or necessary action to which the payer has legal or other entitlement.
Deputy Director, Rachael Saunders outlines some of the key findings from the 2023 Attitudes of the British Public to Business Ethics survey.
13 July 2023
Read the IBE's summary of the latest surveys on business ethics.
11 July 2023
The findings from the IBE's 2023 annual survey on British public attitudes toward business ethics reveal fewer believe businesses are operating ethically.
11 July 2023
Listen in as Survey Director, Christopher Cowton shares his thoughts on our latest survey, IBE Attitudes of the British Public to Business Ethics 2022.
30 June 2022
Businesses and UK politicians must do better at demonstrating their ethical credentials if they are to win back the confidence of the British public - the 2022 results of the IBE's annual survey of the attitudes of the British public to business ethics.
29 June 2022
This resource presents an overview of the ethical concerns and lapses, as well as the positive business ethics stories, that the IBE recorded for its media monitoring exercise in 2021. It provides an analysis of the year’s trends and the issues and sectors that featured most frequently.
24 January 2022
View our latest recording.
20 January 2022
Britain’s businesses could behave better - the 2021 results of the IBE's annual survey of the attitudes of the British public to business ethics.
17 January 2022
In this blog, Guendalina Donde, IBE's Head of Research, discusses the results of the 2020 Attitudes of the British Public to Business Ethics survey.
13 January 2021
This briefing provides an overview of the ethical concerns and lapses that were recorded by the IBE in its monitoring of media coverage in 2020.
23 December 2020
In the next blog of the series, Pandemic and Beyond: the ethical issues, Simon Webley, IBE’s Research Director, looks beyond a code of ethics and shares some ethical dilemmas.
10 September 2020
Read our latest guest blog.
03 July 2020
This report is the ninth in the triennial series looking at corporate ethics policies and programmes. It is the IBE’s longest-running survey series, and continues to give valuable insights into how companies run their ethics programmes.
01 April 2020
The new edition of the IBE report on ethics policies and programmes in large listed companies will be published on 01 April 2020. In preparation for the launch, we shared a preview of the results with some of our supporters and colleagues, asking them to comment on how these results relate to their practical experience in the field of applied business ethics.
25 March 2020
This briefing provides an overview of the ethical concerns and lapses that were recorded by the IBE in its monitoring of media coverage in 2019. It gives an overview of which sectors and issues related to business ethics were most covered in the news. For 2019, we have recorded a total of 361 different stories involving lapses of companies with a UK presence.
29 January 2020
This bibliography of resources aims to provide professionals in the legal, accounting and property sectors with a repository of knowledge and guidance to help them stay up to date with the latest work that has already been completed on these topics, in order to ensure that the highest possible ethical standards are maintained.
15 January 2020
Read the IBE's annual analysis of business ethics news stories from the last year - which were the sectors and issues most in the news in 2018?
30 January 2019
From responding to a bribe, to making a facilitation payment, are you confident your employees know what to do? The IBE Say No Toolkit provides in-the-moment support to your employees when they need it most.
21 January 2014