presents b y l arry c honko, p h.d. t he u niversity of t exas at a rlington bribery
TRANSCRIPT
presents
BY LARRY CHONKO, PH.D.THE UNIVERSITY OF TEXAS AT ARLINGTON
BRIBERY
BRIBERY
ABOUT BRIBERY To offer or provide payment in order to persuade someone with a responsibility to betray that responsibility is known as seeking
Undue influence
Peddling influence
BRIBERY
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.
BRIBERY
CONSENSUS ON BRIBERY?
There is not always consensus over what constitutes a bribe.
BRIBERY
BRIBERY
U.S. Law vs. Prevailing Global Law/Custom
BRIBERY
THE FOREIGN CORRUPT PRACTICES ACT
The Foreign Corrupt Practices Act (FCPA) makes it unlawful to bribe foreign government officials to obtain or retain business.
BRIBERY
BUSINESS PRINCIPLES FOR COUNTERING BRIBERY
The Business Principles for Countering Bribery is a useful and current tool for companies dealing with the challenge and risks posed by bribery
BRIBERY
BUSINESS PRINCIPLES FOR COUNTERING BRIBERY
The enterprise shall prohibit bribery in any form whether direct or indirect
The enterprise shall commit to implementing a program to counter bribery
BRIBERY
BUSINESS PRINCIPLES FOR COUNTERING BRIBERY
PROGRAM REQUIREMENTS
An enterprise should develop a program that clearly and in reasonable detail, articulates values, policies, and procedures, to be used to prevent bribery from occurring in all activities under its effective control.
The program should be consistent with all laws relevant to countering bribery in all the jurisdictions in which the enterprise transacts business.
BRIBERY
BUSINESS PRINCIPLES FOR COUNTERING BRIBERY
PROGRAM SCOPE
Scope of the program – the program should address the most relevant forms of bribery to the enterprise