Your SlideShare is downloading. ×
  • Like
Bribery
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply

Bribery

  • 483 views
Published

 

Published in Economy & Finance , Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
483
On SlideShare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
34
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. ABOUT BRIBERYTo offer or provide payment in order topersuade someone with aresponsibility to betray thatresponsibility is known as seekingUndue influencePeddling influence
  • 2. MORE ABOUT BRIBERY A bribe can consist of immediate cash or of personal favors, a promise of later payment, or anything else the recipient views as valuable.
  • 3. CONSENSUS ON BRIBERY?There is not alwaysconsensus over whatconstitutes a bribe.
  • 4. BRIBERY U.S. Law vs. Prevailing Global Law/Custom
  • 5. THE FOREIGN CORRUPT PRACTICES ACTThe Foreign CorruptPractices Act (FCPA)makes it unlawful tobribe foreign governmentofficials to obtain orretain business.
  • 6. BUSINESS PRINCIPLES FOR COUNTERING BRIBERYThe Business Principles forCountering Bribery is a usefuland current tool for companiesdealing with the challenge andrisks posed by bribery
  • 7. BUSINESS PRINCIPLES FOR COUNTERING BRIBERYThe enterprise shall prohibit bribery in anyform whether direct or indirectThe enterprise shall commit toimplementing a program to counter bribery
  • 8. BUSINESS PRINCIPLES FOR COUNTERING BRIBERY PROGRAM REQUIREMENTSAn enterprise should develop a program that clearly and in reasonabledetail, articulates values, policies, and procedures, to be used to preventbribery from occurring in all activities under its effective control.The program should be consistent with all laws relevant to counteringbribery in all the jurisdictions in which the enterprise transacts business.
  • 9. BUSINESS PRINCIPLES FOR COUNTERING BRIBERY PROGRAM SCOPEScope of the program – the program shouldaddress the most relevant forms of bribery to theenterprise