Accountable institutions

Lack of accountability and corruption undermines trust in institutions and hinders development in countries around the world. Corporations play a critical role in supporting a more accountable, transparent global economy in several ways: as participants in accountability standards (such as tax filings and other disclosures), the creator of internal accountability and transparency (such as ethics policies, codes of conduct and the overall culture the company creates), and watchdog for corruption and lack of transparency in their market (including among suppliers, other business partners, and competitors)