In today’s artice we will discuss some of the issues faced in emerging markets, regarding anti-bribery and anti-corruption. There are several characteristics that appear across the spectrum in emerging markets. These markets usually have a large and multi-leveled bureaucracy which can make many demands for permits, licenses and other types of governmental approvals. In opening any new business in an emerging market there are usually multi-governmental touch points where bribes can be demanded. Due to these factors there is a culture of small time, almost daily corruption in many emerging market which can often impact the attitude of employees.
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