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Global Corruption Report (GCR) 2009

Bribery in business captures news headlines around the globe and leads to massive reputational and financial repercussions for the implicated companies. Bribery, though, represents only part of the picture when profit comes at the expense of integrity and sustainability. Other corrupt practices, such as corporate fraud, cartels and undue influence on public policy, work as destructive forces that undermine fair competition, stifle economic growth and ultimately undercut companies' own existence.

Featuring analysis of more than 75 experts, Transparency International's 2009 Global Corruption Report lays bare these and other corruption challenges that cut across countries and industries, exposes soft spots in existing corporate anti-corruption measures, and examines promising innovation in the sector.

With its roots in a lack of transparency and accountability, the global economic crisis brings into sharp focus the need for the business world to align its dynamism and innovation with a concerted stance against corruption. The business case is irrefutable: "Basing a company or fund's future on personal relationships and unpredictable systems or simply operating in a dark space without oversight and accountability is a path to guaranteed failure," said Huguette Labelle, TI Chair.

For additional information please visit: http://www.transparency.org/research/gcr