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Follow-Up: The IKEA in Russia Corruption Scandal

Jesse Heath has written an interesting follow-up story on the IKEA Russia scandal at Open Democracy Russia .  He raises some interesting questions about what IKEA knew when, but especially noteworthy is the perspective he puts on this particular case:

But what about the Russian side? 

IKEA is one of the country’s largest foreign investors outside of the [...]

How Do You Avoid Corruption in Endemically Corrupt Places?

Balancing the cost of walking away against the price for paying up.

IKEA just fired two senior managers in St. Petersburg, Russia for paying bribes. The firm has a very public position on refusing to pay for corruption. Their store in Samara stands empty a year after it was finished, reportedly because the firm refuses to pay [...]

Helping Your Staff Resist Corruption

How do you ensure compliance?

There are a several fundamental choices to make before entering markets where corruption is endemic. Will you pay or won’t you? How closely will you watch your staff to make sure it doesn’t happen? What losses are you willing to accept as a result of not paying?

Companies that have answered these questions [...]