Amnesty International Releases Data on International Corporate Executives, Exposes Corporate Fraud and Corruption
The Amnesty International data release on international corporate executives and corrupt business practices released on Tuesday, November 16, 2017.
The data shows that executives from companies from across the globe are responsible for $2.7 trillion in corruption globally and that the average of those companies has committed almost one crime in every six years.
The findings of the new report come on the heels of a major report from Transparency International that has found that the majority of companies are corrupt.
The report also highlighted the fact that most of these executives do not have criminal records, which could be a problem for their ability to avoid prosecution.
The release of the data comes after the release of a new report that also found that companies are not doing enough to combat corruption.
The new data is a culmination of years of research and analysis conducted by Amnesty International, which has conducted investigations and investigations into the activities of more than 3,000 companies, including some of the largest corporations in the world.
Amnesty International also released its first global survey of its “Corporate Transparency Index” earlier this year.
The index tracks how corporations are doing in terms of accountability, transparency, and corruption, with the highest marks being given to governments and the World Bank.
The Global Corporate Transparency Index was established in 2014 by the Financial Transparency Initiative, a global network of more a dozen international financial institutions that includes the World Economic Forum, the World Government Forum, and the International Monetary Fund.
The Index uses data on corporate transparency to measure compliance with the OECD Code of Ethics, which is the standard operating procedure in the United Nations for companies.
Transparency International also conducted a similar survey of global CEOs last year, and Amnesty International says that this year’s results show that global companies have come a long way in the past year.
“Corporations are doing a lot more to hold their top executives accountable, but their progress in tackling corporate corruption is far from complete,” said Jan Egeland, Executive Director of Amnesty International.
“We know that many multinational corporations have been caught up in the shadow of the financial crisis, with too many executives and executives being bought off by their own boards of directors.
As long as we keep seeing this pattern of corruption, it’s likely that our global corporate leaders will continue to take advantage of us and their investors.”
To learn more about corporate accountability and corruption issues, visit: http://www.amnesty.org/corporate-corruption-and-corruption.html