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How Companies Can Take a Stand Against Bribery

Harvard Business

In 2016, the International Monetary Fund estimated that corruption amounted to roughly 2% of global economic output — between $1.5 Business needs to play a more powerful role in supporting responsible practices throughout every aspect of their operations. Bloomberg Creative Photos/Getty Images. and $2 trillion globally.

Company 28
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Should a CEO’s Bonus Be Based on Financial Performance Alone?

Harvard Business

On November 9, 2016, the shareholders of Australia’s largest company, and the world’s tenth-largest bank , revolted. Other firms have ventured down this path, including the conglomerate Wesfarmers , with its 200,000-plus staff, and the global hospital operator Ramsay Health Care.