Risks ahead for India Inc: Corruption, bribery, more

Mar 22 2014, 15:10 IST
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'Corruption, bribery and corporate frauds' tops among the risks that affect Corporate India. 'Corruption, bribery and corporate frauds' tops among the risks that affect Corporate India.
Summary'Strikes, closures and unrest' factor continues to command serious concern from corporate India.

The 'India Risk Survey (IRS) 2014' of FICCI-Pinkerton said the top five risks that affect Corporate India are 'corruption, bribery and corporate frauds', ‘strikes, closures & unrest’, ‘political & governance instability’, ‘crime’ and ‘information & cyber insecurity’.

However, there are some variations in perception of risks in some industries due to the typical nature of work.

‘Corruption, bribery and corporate frauds’ was ranked at No. 4 in 2013 survey. ‘Strikes, closures and unrest’ has been rated as No. 2 risk and continue to command serious concern from corporate India. In the 2013 survey, it was ranked as No. 1.

Political and governance instability ranks No. 3 as political uncertainty surrounds the forthcoming general elections.

Overall risk ranking:

India Inc risks

The Top three risks in each industrial sectors:

India Inc risks sactor-wise

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