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Irish businesses need to do more to counter corruption-related risks, according to a new study that finds few if any seem to be adequately prepared for such threats.
Transparency International Ireland has compiled what it calls a ânational integrity indexâ that reviews the corporate disclosure practices of 30 leading companies registered or having significant business operations in the State.
The sample, drawn from a cross-section of firms included in The Irish Times Top 1000 Companies list, measures the degree to which private sector companies are prepared to address risks based on the information they disclose to the public.
The results show that although most companies were disclosing anti-corruption and whistleblowing policies, they had disclosed relatively little detail on their corporate structures and their engagement with politicians or public officials, and could share more financial information than they do.