19 December 2008 | Jake Kanter
Russian suppliers are the most likely to use bribery to win business abroad, a study has revealed.
The Transparency International (TI) 2008 Bribe Payers Index rates 22 leading exporting nations. The higher the score, the lower the likelihood of companies engaging in corruption.
The report is based on the responses of 2,742 senior business officials from 26 countries.
Russia was ranked in last place registering 5.9 out of 10. China and Mexico followed closely, recording 6.5 and 6.6 respectively, while India was fourth from bottom with a figure of 6.8.
Canadian and Belgian suppliers were least likely to offer bribes. Both registered 8.8. The UK scored 8.6.
Suppliers in the public works and construction sector were found to be the most corrupt,
The real estate and property development sector was next with 5.7, while the oil and gas industry registered 5.9.
Chair of TI Huguette Labelle said: "A number of companies from major exporting countries still use bribery to win business abroad, despite awareness of its damaging impact on corporate reputations and ordinary communities."
She called on countries to commit to the OECD Anti-Bribery Convention, which aims to combat corruption in international business transactions.
The NGO added companies must ensure accountability all the way down their supply chains.