Sustainability Ethics & Governance Resources
Anti-Corruption as Strategic CSR: A Call to Action for Corporations (FSG Social Impact Advisors, the Ethics Resource Center, and the Merck Company Foundation, June, 2009)
The paper presents a critical assessment of corporate anti-corruption efforts in the developing world and offers a guide for corporations to move beyond traditional ethics and compliance activities to strategic anti-corruption efforts.
Merck is pleased to sponsor this innovative research which offers a fresh perspective on expanding the role of corporations in the global fight against corruption," says Ellen W. Lambert, Executive Vice President, The Merck Company Foundation.
Each year over $1 trillion is paid in bribes which result in approximately $2.6 trillion in overall costs, more than five percent of global GDP. Corruption materially undermines competition, particularly in high-growth emerging markets, and inflicts enduring harm on society.
