30% of English business leaders feel justified in bribery as a means to achieve its objectives under the "European Fraud Survey 2011" by Ernst & Young. And your employees have this perception: 82% believe that their leaders seek "alternative routes". However, the percentage of executives to ensure that your company has committed fraud is well below the European average (18% vs 21%). And the concern on the Boards of Directors for their potential liability in these cases is also higher in Spain (88% vs. 62%). The global crisis we are suffering not only aggravates the matter: for 48% of managers respondents, their strategies are focused on cost control rather than fraud at least until the economic situation begins to rebound. As Ricardo says Noñera (Partner in charge of Ernst & Young Forensic Spain. Italy and Portugal): "This strategy is not conducive to the prevention of fraud in fact increase the risk for companies if, as sometimes happens, the control measures cause a reduction in the effectiveness of internal controls. " Anti-fraud measures, the English executives opt for internal audit, internal controls and review of the management. Something the rest of European managers considered ineffective or insufficient.
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