Even in tough economic times, companies are putting off or abandoning new business initiatives in emerging markets because anti-corruption laws are too confusing, according to the Dow Jones State of Anti-Corruption Compliance Survey.

And the results could help in-house counsel convince senior management that strong anti-corruption programs do more than prevent fines and penalties. They can also help make a company more valuable, said Bob Rosen, a risk and compliance specialist at Dow Jones & Company.

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