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
This material has been prepared in the scope of the “Armenia: Promoting Anti-Corruption Conduct and Reforms” Project implemented by the “Center for International Private Enterprise”, the “Armenian Lawyers’ Association” NGO, the “Corporate Governance Center” NGO and the “Yerevan Chamber of Commerce and Industry” with financial support of the National Endowment for Democracy. The project is implemented as a co-financing to the “Commitment to Constructive Dialogue” action implemented with the financial support of the European Union by a Consortium comprising the “Armenian Lawyers’ Association” NGO, the “Armenian Center for Democratic Education-CIVITAS” NGO, the “International Center for Human Development” NGO, the “SME Cooperation Association” NGO, the Union of Communities of Armenia, as well as “Agora Central Europe” NGO (Czech Republic). The contents of this material are the sole responsibility of the “Armenian Lawyers’ Association” NGO and can in no way be taken to reflect the views of the National Endowment for Democracy and the European Union.
