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A new program is being implemented in Armenia for business representatives. An Anti-Corruption Program provides a number of opportunities for companies.
| By fighting corruption, companies of all sizes can be good corporate citizens and make a difference in their countries’ democratic and economic development prospects, so as to: | ||
| Improve the environment for conducting business | ||
| Promote free and open competition | ||
| Strengthen the fabric of society based on integrity | ||
| Encourage innovation | ||
| Create a more sustainable platform for future growth | ||
Companies with anti-corruption policies in place enjoy easier access to credit and a better image in the eyes of potential partners.
The anti-corruption measures result in better overall management because firms do not tolerate double standards, opaque business decisions, and risky behavior by employees.
In a competitive emerging market where multinationals have a wide choice of potential business partners, those mid-sized firms with anti-corruption commitments immediately stand out from the competition.
Source: International Private Enterprise Center