More Companies Take Action Against Corruption

Analysis

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More domestic companies are consciously taking action against corruption within the organization, according to EY's international research involving a total of 5,464 employees and board members in 53 countries, including Hungary.

However, the slowdown of the world economy puts such financial pressure on managers and colleagues it makes it easier for them to commit violations despite their efforts to operate ethically, the research revealed. 

According to a third (34%) of Hungarian respondents, compliance with ethical standards at the workplace has become stricter in the last two years. Some nine out of 10 respondents (87%) are convinced that their colleagues do their work honestly and comply with all rules. 

The positive change is primarily due to the tightening of management requirements (44%) and of the legal environment (21%), but the rising expectations of customers (15%), the general public (15%) and colleagues (15%) also contributed to the improving trend.

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