TY - JOUR
T1 - Baksheesh or Bribe: Payments to Government Officials and the Foreign Corrupt Practices Act
AU - Cavico, Frank J.
AU - Mujtaba, Bahaudin G.
PY - 2010/1/1
Y1 - 2010/1/1
N2 - 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.
AB - 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.
UR - https://nsuworks.nova.edu/hcbe_facarticles/504
M3 - Article
VL - 2
JO - Journal of Business Studies Quarterly
JF - Journal of Business Studies Quarterly
ER -