HCBE Faculty Articles

Title

Baksheesh or Bribe: Payments to Government Officials and the Foreign Corrupt Practices Act

Document Type

Article

Date

1-1-2010

Publication Title

Journal of Business Studies Quarterly

ISSN or ISBN

2152-1034

Volume

2

Issue

1

First Page

83

Last Page

105

Description

Globalization of the economy is accelerating, international competition is increasing, and U.S. businesses, and not just “big business,” are venturing into foreign markets; and consequently are encountering often vary challenging multi-cultural business environments. One aspect of “going global” is the presence of complex anti-corruption laws that create potentially very serious legal risks, and thus warrant the keen consideration by the international business executive, manager, or entrepreneur. This article primarily addresses one major anti-corruption statute – the United States Foreign Corrupt Practices Act – and also examines other foreign anti-corruption laws as well as international agreements.

Comments

http://jbsq.org/wp-content/uploads/2010/12/JBSQ_5G.pdf

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