Remove 2016 Remove Benchmarking Remove Ethics Remove Strategy
article thumbnail

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 External standards can also be a powerful tool in support of those efforts, helping companies strengthen ethics and compliance practices by offering a clear framework for action.

Company 28
article thumbnail

Swiss Bank Hits Customers With Negative Interest Rates; Crazy? What About Velocity?

MishTalk

The Alternative Bank Schweiz wrote to customers telling them they would face a -0.125 per cent rate on their money from 2016 – and a -0.75 The bank describes itself as an ethical organisation focused on backing firms investing in social and environmental projects. emphasis in caps from the article). percent if necessary.

Banking 28