Corruption 'huge' issue for firms

From BBC News:

Corruption continues to be a "huge international issue" for companies, a report has shown. The study by security firm Control Risks spoke to 350 executives in seven economies - the US, UK, Netherlands, France, Germany, Hong Kong and Brazil. It found that businesses in Hong Kong were the most affected by corruption, with UK firms experiencing the least. Among all the firms questioned, 42% see corruption levels staying the same, 32% expect a rise, and 23% predict a fall.
...it added that one in ten business leaders estimated believed bribes paid could sometimes amount to almost half the total cost of a deal.