Article: Ten commandments.(World Review: July-September 2004)(Global Compact Leaders' Summit)

AT THE END OF JUNE THE GLOBAL Compact Leaders' Summit drew more than 400 corporate executives, government officials and civil-society leaders to the United Nations headquarters. The Summit adopted a simple statement that 'business should work against corruption in all its forms, including extortion and bribery'. (27) This became a tenth principle of the Compact, to reflect the recently adopted United Nations convention on this subject. Peter Eigen, Chairman of Transparency International, an international NGO devoted to combating corruption, recalled that, until very recently, the world business community regarded corruption as a necessary evil, with some top executives ...

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