Besides, he said at the macro-level the move can help in the ease of doing business, improve investor confidence and enable a more ethical way of conducting business in India. Further, on anti-bribery and anti-corruption (ABAC) frameworks adopted by corporate houses, 40 percent of the respondents said they have never attended training sessions sensitising them on the issue, the survey noted.
However, only 15 percent of the respondents were found to be “not aware that they may be held personally liable for improper activities, done on behalf of their organisation”. Also, 94 percent of the respondents believe the private sector should be covered under the amendments proposed in the Prevention of Corruption Act, it added.
(Sourced from agencies, feature image courtesy:kbctv.co.ke)
