EY Survey: More Than $11 Billion in Fines Fails to Deter Global Corruption

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  • 38 percent of executives across 55 countries say corruption occurs widely in business
  • Levels of bribery and corruption in emerging markets still twice that of developed markets
  • 20 percent of respondents under the age of 35 would justify cash payments to win or retain business

LONDON (APRIL 25, 2018) – The scale of bribery and corruption has shown no improvement globally since 2012, despite the unprecedented level of enforcement activity and introduction of new corporate criminal liability laws in that time. This is according to the 15th EY Global Fraud Survey,…

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