3rd May 2018

EY Global Fraud Survey 2018: 56% of Czech business respondents believe that corruption in the country is widespread

6 out of 10 Czech managers and 8 out of 10 Slovak managers are ready to compete in a fair way.

56% of Czech respondents believe that corruption in the country is widespread.

Almost 44% of Slovak managers would offer bribe to gain or extend the contract for their business, the world-wide average is 13%.

Only 26% of Czech managers perceive cyber attack as s risk for their business, the lowest figure in Europe.


According to EY Global Fraud Survey 2018, globally, companies among "businesses with the highest degree of integrity" achieve higher market results (the study says by 10%) than the market average. 98% of Czech respondents acknowledge the relevance of integrity. This, however, is in sharp contrast with the fact that Czech companies tend to accept unfair competition when it comes to orders and contracts.

Only 6% of Czech and 4% of Slovak companies said they were a subject to fraud in the past year. Radim Bureš, EY's head of investigative services department, explains that this shows little ability of companies to detect fraud rather than fraud not happening. 

>> Read full press release in Czech.


Still, the report shows that the attitude towards or perception of corruption among Czech managers has developed since 2014. The survey results from China, Czech Republic, Romania and the US show decreases in the percentage of respondents who believe corruption to be widespread. In these countries enforcement agencies were active prior to 2014. So has the enforcement activity resulted in real change to compliance programs and company culture? Or is it simply that the perception of corruption decreased as enforcement has dropped?




View full report.


Members of the American Chamber of Commerce in the Czech Republic