Morgan Stanley: How Investors Can Avoid Corruption

A new report by Morgan Stanley analyst Victoria Chapelow puts a spotlight on corporate corruption and its potentially devastating impact on investors. The report includes a list of ways investors can identify corruption risks and a list of the most and least-corrupt countries, according to the 2014 Transparency International Corruption Perceptions Index.
 

• What percentage of your operations are in areas of the world that you would consider having a “high risk” of corruption/bribery?
• Does top level management communicate an anti-corruption policy?
• What policies are in place to prevent bribery and corruption?