Some Indian firms acknowledge widespread bribery, corruption in business: EY survey
The companies surveyed in India included seven firms with revenue in the range of $1 to $5 billion, 18 firms with revenue in the range of $500-999 million, 16 firms in range of USD 100 to USD 499 million and 9 firms with less than USD 99 million. "There is increasing justification of unethical behaviour at the workplace as well as gaps in integrity.
Macroeconomic developments, market pressures, new regulations, enforcement and digital disruption have led to a shift in India's risk landscape. Image source: Pixabay