Giving Corporate Holiday Gifts without The Bribery Risk

The holiday season raises the risk that a corporate gift given to a government official is seen as a bribe, especially in economies generally perceived as prone to corruption.

To lower their bribery risk, businesses should scrutinise corporate gift-giving before they close the books for the year, but about one-fifth of US companies don’t, according to a Deloitte poll of more than 1,600 accountants, auditors, and finance officials, many of them at multinational companies. Of those who do, only 8.4% use visualisation and data analytics tools to support anti-corruption efforts.

In many high-income countries in North America and Europe, businesses give gifts during the winter holidays as a token of appreciation. But in countries in Asia, Eastern Europe, and sub-Saharan Africa, including China, Russia, and Indonesia, bribery is a form of currency to create certain behaviour.

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原文見： Giving corporate holiday gifts without the bribery risk  | SourceEC - Corporate Gifts Singapore | Promotional Gifts | Door Gifts Blog