90.20% of Sr. Management feels that corporate India is corrupt: MDRA study

You are reading this first on Adgully. Around 9 out of 10 employees working in private sector companies feel that corruption or fraud is a common phenomenon in corporate India revealed in a study done by MDRA (Marketing and Development Research Associates), a market research and consulting firm.

Commenting on the idea of the research, Abhishek Kumar, Project Director, MDRA, spoke exclusively to Adgully and said, "We have been hearing and reading a lots of corporate corruptions like Satyam and others, so we decided do know what the employees of this corporate world feel about the corporate sector as a whole."

This study included bribery, sexual favor, breach of trust, exploitation and nepotism as various faces of corruption in private sector. MDRA's benchmark study on estimation of corruption in trucking operations in India is well known.

Company to government (like tenders/ bill payment etc) Response Percent: 40%

Company to customers: Response Percent: 12.70%

Employees to employers: Response Percent: 4.90%