Translate this site

enzh-CNzh-TW

Raeside Chisholm Solicitors

The directors of Raeside Chisholm are experienced solicitors who enjoy a deserved reputation in Glasgow and beyond for personal attention allied to a commitment to outstanding levels of quality legal services. For enquiries, please contact us on 0141 248 3456.
2 minutes reading time (310 words)

Fostering a Culture of Ethical Behaviour

New research has found that 25% of employees in the UK still believe that bribery and corruption happens widely in business in the UK.

UK respondents to Ernst & Young’s latest Europe, Middle East, India and Africa Fraud Survey said that little progress has been made over the last 24 months, with few changes in the survey results from 2015. However, the findings still compare favourably to some other countries, with 51% of all respondents across EMEIA reporting that bribery and corruption is widespread in their country.

According to the survey, some companies in the UK are struggling to foster a culture of ethical behaviour: only 24% of UK respondents have frequently heard their senior management communicate about the importance of maintaining ethical standards in business, and only 29% of UK respondents felt that action has been taken by their company against an employee for breaching ethical standards or regulation, compared to 43% in EMEIA.

Forty-two percent of UK respondents believe that their senior management would act unethically to help a business survive, compared to 58% in EMEIA. Twelve per cent of UK respondents also said they believed their managers would offer a cash payment and that 16% would offer personal gifts to win or retain business.

“Bribery and corruption is still perceived to be a prevalent issue in the UK, despite increased focus and scrutiny from the Government and regulators,” said Jonathan Middup, Partner at EY Fraud Investigation & Dispute Services. “The picture we are seeing from the survey and in our conversations with clients is that while many companies may think they have an effective compliance framework in place, in reality some are struggling to create a culture where it is in employees’ interests to do the right thing.” 

Contact Us

For expert legal advice on all areas of commercial law then contact our specialist commercial lawyers today.

Keeping Children at the Heart of the Hearing Syste...
Home Ownership Ambitions Remain Strong

Related Posts

Online Enquiry

  1. Name(*)
    Please let us know your name.
  2. Email(*)
    Please let us know your email address.
  3. Daytime Tel. No.
    Please enter your daytime telephone number.
  4. Subject(*)
    Please write a subject for your message.
  1. Message(*)
    Please let us know your message.
  2. Please tick below for antispam verification (*)
    Invalid Input

Latest News

19 July 2019
Commercial
The commercial property sector experienced a sharp fall in the value of sales during the first quarter of this year, according to a new report.Between January and March 2019, commercial sales in Scotland totalled £763 million; an increase of seven pe...
04 June 2019
Family Law
The Scottish parliament has voted by an overwhelming majority (80 votes to 29) in support of banning the physical punishment of children.The bill, which was lodged by the Scottish Green MSP John Finnie, removes the defence of ‘justifiable assault’ fr...
22 May 2019
Estate Agency
Residential properties in Scotland are taking an average of 12.57 weeks to sell compared to 16.11 weeks in England and Wales – representing a 28.16 per cent difference, recent figures reveal.The data, which was conducted by Property Solvers, discover...
09 April 2019
Family Law
Scottish couples married in humanist ceremonies have a higher chance of avoiding divorce than those who get married in a Church of Scotland, Roman Catholic or civil ceremony, according to recent figures.The Scottish Courts and Tribunals Services...
19 March 2019
Estate Agency
There has been a 56 per cent rise in first-time buyers (FTBs) in the last decade, from 22,100 in 2008 to a total of 34,519 last year, according to the latest Bank of Scotland First-Time Buyer Review.Those taking their first step onto the propert...
31 January 2019
Commercial
According to the latest figures from Knight Frank, recent investments into industrial property, office and retail space have now led Scotland’s commercial property sector to have one of its most active years yet, with £2.5 billion worth of ...

As featured in

Latest Tweets

Connect with us

Recent Client Comments