The World Bank's Voluntary Disclosure Program is a win-win proposition.
Firms that participate in the program foster a strong culture of repsonsible corporate citizenship, protect their brand from potential reputational damage, and contribute to a more level playing field for everyone who competes for World Bank-financed contracts.
“When a firm decides to disclose its past corrupt behavior, this is one more firm that can contribute to ending the plague of corruption. The more tools we have like the VDP, the more we will be able to reduce corruption in a substantial way.”
Huguette Labelle, Chair, Transparency International
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