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2,000 private companies have sought corruption prevention advice in areas
like tendering, procurement, and staff administration.
!
Since 1994, the ICAC has encouraged over 70% of the publicly-listed and
major private companies as well as trade and professional associations (i.e.
over 1,800 companies) to adopt corporate codes of conduct to improve their
business ethics. The majority of these companies are now putting their codes
into practice with training seminars organised with the ICAC’s assistance.
From the corruption prevention angle, the adoption of a corporate code of
conduct is an essential element to help maintain a level-playing field for every
business in Hong Kong, and the active and voluntary response of the private
sector is most encouraging.
!
Also, about 7,000 managerial and front-line staff of 1,700 small and medium
size companies have received preventive education training as the ICAC’s on-
going efforts in reaching out to the private sector.
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