Although universally prohibited and the target of global efforts to be reduced or eliminated, the bribery of government officials to obtain business advantage continues to be a serious problem worldwide. This report, the second project of The Conference Board's Working Group on Global Business Ethics Principles, uses the results of a survey of 151 companies worldwide to look at policies, practices, and procedures that represent standards of best practice for company efforts to resist corrupt practices.

Findings include:

• the reasons why governmental initiatives are considered ineffective
• the notions about global business practice that underly skepticism about company programs
• the four elements essential to developing a compliance culture

Special features:

• a detailed respondent profile and a three-page summary of key findings
• more than 15 tables and charts
• summaries of participant responses to five case-study scenarios
• a participant list and meeting history for the Working Group on Global Business Ethics Principles
• anti-corruption case study materials from Baxter International Inc., Novell, and Shell
• Telecom New Zealand's Compliance Assurance Survey, a part of its "Online System for Management Discussion of Compliance Practices and Needs"