Articles
Brings clarity to a murky area - Raconteur, 18 October 2011 By Rod Newing Large multinational organisations have had appropriate procedures covering bribery for a long time, but such policies are new for many small and medium-sized companies. “Everybody thinks this is a high cost issue, but it is not,” says John Burbidge-King, chief executive of Interchange, which advises on mitigating the risk of bribery, corruption and fraud. “Most companies that address the issue increase their exports.”
A favour or a bribe? With a perception in the West that bribery in many Middle East countries is as commonplace and accepted a practice as bartering, why should any change of law in Britain affect how business is conducted overseas? John Burbidge-King, anti-corruption expert and CEO of Interchange, explains how the forthcoming UK Bribery Bill will be a wake-up call to companies, but more importantly represents a major opportunity to do better business.
Bribery abroad – it’s worth the risk? John Burbidge-King, anti-bribery expert and CEO of Interchange Solutions, explains why businesses operating in a beleaguered UK economy might be tempted to run the risk of bribery to secure foreign contracts.
The election is over and the dust is now settling as the new coalition Government gets down to the business of sorting out the UK economy. On the 14th of June, the growth forecast of the UK was revised to 2.6% from Labour’s higher figure of 3.5%. It means there is there is even greater pressure on the both private and public sectors to balance the books and public purse - generating income for the economy whilst reducing costs.
Why backhanders and brown bags are not best for British businesses With the perception that bribery in some countries is as commonplace and accepted a practice as bartering, why should any change of law in Britain affect how business is conducted overseas? John Burbidge-King, anti-corruption expert and CEO of Interchange, explains how the forthcoming Bribery Bill will be a wake-up call to companies, but more importantly represents a major opportunity to do better business and secure a company’s future.
A Question of Bribery: what Shareholders might be asking you at this year’s AGM John Burbidge-King, anti-bribery expert and CEO of Interchange Solutions explains why the next AGM may be a testing time for CFOs.
With the Bribery Act 2010 now a few months from implementation, UK businesses have an even higher obligation to conduct their affairs within the law. Businesses not only face prosecution and severe financial penalties, but the fallout may lead to a dramatic fall in share prices and the credibility of companies.
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