Reducing Bribery Overseas

Related BrainMass Solutions

• Reconcile corporate policy with international relations memo

  In many of the same countries where gift giving is an accepted part of doing business, bribery is also considered a normal part of business operations.

• Ethical Issues

  What can multinational companies and the global community do to reduce bribery? What effect do US laws have on US companies conducting business overseas in relation to bribery?

• Bribery and Corruption: Practices and Consequences

  Bribery has been a major issue in recent years. As more U.S. companies have expanded overseas, stronger laws have been enacted to prevent this type of illegal practice.

• Foreign Corrupt Practices Act

  A dramatic example of bribery naivete involves the Lockheed Corporation, which in the 1970s was caught offering a quarter of a billion dollars in bribes overseas.

• International Business & Overseas Assignment in Foreign Country

  In addition, bribery isn't really considered unethical in many countries and is how business is done so that is another ethical issue that may make a big difference on the bottom line.

• bribery

  as an instance of "cultural imperialism" in the sense that such ethical practices is now being promoted in countries like India for improving the corporate culture and reducing the unethical practices prevalent in the country bureacracy.

• Bribing foreign Officials: Is it ever justified?

  States or overseas.

• Being Socially Responsive

  Furthermore, there is pressure for business and industrialized countries to work against corruption, including bribery and extortion.

• Ethics of paying for a foreign CEOs vacation to get business

  Many people will argue that this is unethical because it is a form of bribery. It is not a form of bribery.