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That's just Corruption Perception. (We also don't have vampires roaming at night, etc.) Corporate-wise it's quite simple: you pay your taxes and there aren't t
by fierarul 16y ago
That's just Corruption Perception. (We also don't have vampires roaming at night, etc.)
Corporate-wise it's quite simple: you pay your taxes and there aren't that many things to imply corruption since numbers are numbers. Of course, the law still has a lot of holes in it which are interpreted by the IRS at their discretion so you might still get fined, etc.
But overall, I would say that a company that uses mostly capital and little assets (like a software company) has a lower exposure. If you exploit some natural resource (let's say, timber) and have a lot of industrial equipment and a lof of employees your exposure is greater as it's proportional to the number of institutions that may verify you and the regulations you need to follow (Environment, IRS, Natural Resources, the local Work inspectors, etc).
Regarding everything else, yes, it does feel like corruption is abundant. But this is mostly a media product, you don't really get into it daily.