Such principles could be broader or narrower but to have an impact on the practice of corruption, any set of principles must
(1) emphasize transparency;
(2) provide guidance concerning specific practices associated with paying bribes;
(3) be relevant to organizational environment;
(4) identify itself with and be supported by an independent entity such as not-governmental organization or an academic center, and
(5) be capable of monitoring and assessment by external, independent entities, such as social and financial auditors. It is established that approximately 65 to 85 % of all U.S. companies have established ethical codes or compliance programs designed to prevent violations of the FCPA