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Survey Reports

Survey Reports on Ethics and Anti Corruption
Survey Reports on Ethics and Anti Corruption

Survey Reports on Ethics and Anti Corruption

Corruption is the misuse of public authority for private benefit. It is generally viewed as an additional cost of doing business or a tax on profits. As a result, corruption can be expected to decrease the expected profitability of investment projects. Investors will therefore take the level of corruption in a host country into account in making decisions to invest abroad.

The World Bank (WB) has identified corruption as the single greatest obstacle to economic and social development. According to the WB it undermines development by distorting the rule of law and weakening the institutional foundation on which economic growth depends.

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Cognizant of this fact, the Federal Ethics and Anti‐Corruption Commission (FEACC) is undertaking numerous activities to combat corruption in the country. As part of this effort, FEACC in collaboration with donors has commissioned this study to assess the perception of corruption risk held by foreign direct investors in Ethiopia, in view of identifying remedial action and training to those high-risk areas and institutions.