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fcpa Tagged Articles
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FOREIGN CORRUPTION PRACTICE ACT FCPA USA
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| This article aims at dealing with the applicability of Foreign Corrupt Practices Act in the foreign investment scenario in Asia. I will further concentrate on the nature of compliances that a corporate ought to observe, be it under FCPA or under the domestic laws of a particular country, and the reason and wisdom to do so. All around the world, in every country, the goal of business is not to serve the public; it is to make money. When that drive for profit produces corrupt behaviour and erupts in major scandals, it can have a demoralizing effect. The early twenty first century scandals in America over revelation of business fraud followed by indictments and punishment included corporations such as WorldCom, Qwest, Tyco, Adelphia Communications, ImClone and Global Crossing. |
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Other fcpa Related Articles
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FOREIGN CORRUPTION PRACTICE ACT FCPA USA
| |
| This article aims at dealing with the applicability of Foreign Corrupt Practices Act in the foreign investment scenario in Asia. I will further concentrate on the nature of compliances that a corporate ought to observe, be it under FCPA or under the domestic laws of a particular country, and the reason and wisdom to do so. All around the world, in every country, the goal of business is not to serve the public; it is to make money. When that drive for profit produces corrupt behaviour and erupts in major scandals, it can have a demoralizing effect. The early twenty first century scandals in America over revelation of business fraud followed by indictments and punishment included corporations such as WorldCom, Qwest, Tyco, Adelphia Communications, ImClone and Global Crossing. |
|
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