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Bribery In International Business

 
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Bribery In International Business

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A 10 page paper discussing incidence of bribery in the international business environment. What's the difference in all-out bribery and "grease payments," "commissions," "agent fees?" The short answer, and the one correct in the eyes of every international ethics board, is that there is none. Bribery is bribery, and until only recently, the US was the only nation that made bribery in international affairs illegal. Nearly every developed nation has stringent laws against bribery within their borders, but only a few had addressed the international issue before the mid-1990s. Official condemnation by the OECD in 1997 and increasing awareness that bribery even in small amounts robs developing nations of real economic advances are working to reduce bribery's benefits as an effective, though unethical, business tool. Bibliography lists 15 sources.
Pages: 10
Filename:D0_Bribery.doc
Paper Title: Bribery In International Business
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