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RECENT BLOG POSTS
- Transparency in Corporate Reporting: If there is nothing to hide - don't hide it
- The pharmaceutical patent game
- FIFA's sponsors: time to put your hands in the air
- Corruption and banking: FOREX heralds an important change in rhetoric
- In Wartime, Corruption in Ukraine Can Be Deadly
- UK Government: Take the anti-corruption lead this G20
Last week, we released our Transparency in Corporate Reporting (TRAC) report on the world’s 124 largest publicly listed companies. Several companies that had recently been involved in corruption scandals did much better than than one would expect. How is this possible?
While the ‘evergreening’ and ‘forced switching’ of pharmaceutical patents are legal practices, they act to reduce access to medicines for many and often those most vulnerable and so could be considered unethical or morally corrupt practices. Søren Holm, Professor of Bioethics at the University of Manchester, discusses the pharmaceutical patent game and its impacts.
Yesterday's back and forth on Fifa's corruption report highlights that Fifa is far from exhibiting good practice. But companies that make great claims about their own ethics and governance are still willing to support Fifa. It is time for the organisation's corporate partners to call on it to live up to the standards they have set themselves.
This week's announcement about the rigging of the foreign exchange markets marks one significant change: at last, the media and the Chancellor are using the word corruption to describe this behaviour.
Aleksandr Lapko discusses wartime corruption in Ukraine and the dilemma it led him to face this summer: pay a $2,000 bribe to get the military equipment that could save his life or pay a $2,000 bribe to be declared unfit for service.
This G20 meeting, we call on the UK to lead the anti-corruption agenda and close loopholes in the global financial system to help the world's poorest.
Following the ICAI's report on DfID's approach to anti-corruption and its impact on the poor, TI-UK Trustee Jeff Kaye discusses two problems that he feels need to be addressed: Government inactivity and aid dependency.
What do Google and the Industrial and Commercial Bank of China have in common? What about Amazon, NTT and China Shenua Energy Company? Give up? They all scored near the bottom (around a 20% score), in our 2014 Transparency in Corporate Reporting (TRAC) study, which we released today.
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