BRATISLAVA, June 1, (WEBNOVINY) — More than eighty percent of managers and executive staff members perceive corruption as widespread in Slovakia compared to the EU median of 62 percent, shows a survey by Ernst & Young. More than two- thirds of managers and executive officials in Slovakia addressed in the pan-European research believe that offering personal gifts, coverage of above-standard costs of promotion or bribes in cash are excusable if they help win a contract. “Fraud is blooming in European companies. Tolerance of unethical behavior persists and managers fail to give a good example to others,” manager of investigative services and dispute settlement division at Ernst & Young Radoslava Staronova said as she presented research conclusions to reporters on Wednesday.
In spite of the overall perception of corruption in Slovakia, only five percent of respondents admitted to a serious scam in their company in the past two years. This is the lowest portion among countries that participated in the research. The average for emerging economies including Slovakia reached twenty percent. Eighty-two percent of Slovaks would welcome more stringent supervision from regulators and state authorities, but only seven percent believe that regulators and competent bodies are willing to sanction corruption efficiently.
Ernst & Young polled 2,365 respondents from 25 European countries in January and February 2011. One hundred respondents were from Slovakia.
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