Inherent factors to consider in your bribery risk assessment

Posted on September 14, 2022

The footprint of your company’s operations in perceived high bribery risk locations is an inherent risk factor to consider when documenting your bribery risk assessment. 

The overall environment present in each jurisdiction can increase the level of bribery risk.  Some countries are known or perceived to be more corrupt than others, and as a result, the risk exposure can vary. 

Footprint can be assessed through measures including Transparency International’s Corruption Perceptions Index, the level of foreign bribery enforcement action by country (e.g., using OECD enforcement data), the nature and extent of government interaction in country, the use of intermediaries or agents in country, and number of employees in country, to identify your most vulnerable operations. 

Data to support the quantitative assessment includes TI’s Exporting Corruption Reports, OECD Enforcement Data and a range of data available at the Stanford Law School Foreign Corrupt Practices Act Clearinghouse.

Have a look at our resources on bribery risk assessment here: Risk Assessments – Bribery Prevention Network