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

Author(s)

Frank J. Cavico, Nova Southeastern UniversityFollow
Bahaudin G. Mujtaba, Nova Southeastern UniversityFollow

Document Type

Article

Publication Title

Journal of Business Studies Quarterly

ISSN

2152-1034

Publication Date

1-1-2010

Abstract/Excerpt

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.

Volume

2

Issue

1

First Page

83

Last Page

105

Comments

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

NSUWorks Citation

Cavico, Frank J. and Mujtaba, Bahaudin G., "Baksheesh or Bribe: Payments to Government Officials and the Foreign Corrupt Practices Act" (2010). HCBE Faculty Articles. 504.
https://nsuworks.nova.edu/hcbe_facarticles/504