SMBs Very Concerned About Impact of Bribery and Corruption

That’s the finding in research from the Association of Chartered Accountants (ACCA): 59% are concerned over the impact of bribery and corruption. Say you’re a building. Do you pay a bribe to get win a contract? “…while [small businesses] may not have the resources to offer large bribes, very small businesses don’t have the bargaining power to refuse when small bribes are demanded. Entrepreneurs have to choose between paying the bribe or losing the business.” Just saying… #IdeaoftheDay