Kickback. Carrot. Sweetener. Inducement. Backhander. They're all synonyms for "bribe." Whatever you call it, bribery's just a normal part of doing business in certain corners of the world. China, for example. For all its pre-Olympics tightening-up, business in China is still fueled by bribery. At least that's...
Ethical behavior is not a global standard. In some geographies, paying a bribe is not considered an ethical or moral issue -- it's just the cost of doing business. So should you pay the bribe, too? Harvard Business School professor Bill George makes the...
Doing business in a foreign country puts your company in a very different business and cultural environment. Like you, your global suppliers, distributors and customers all are in business to make money. Yet their standards of ethical behavior may Doing business in a...
WASHINGTON, March 20 /U.S. Newswire/ -- Gheevarghese Pappen, a U.S. Army Corps of Engineers employee was arrested in Atlanta for soliciting and accepting bribes while detailed to the U.S. Army Area Support Group, Host Nation Office at Camp Arifjan, KuwaitWASHINGTON, March 20 /U.S. Newswire/ -- Gheevarghese Pappen, a U.S. Army...
WASHINGTON, June 9 /U.S. Newswire/ -- A U.S. Army Corps of Engineers employee was indicted by a federal grand jury in the Southern District of Georgia on honest services fraud charges for allegedly soliciting and accepting bribes from May 2005 to March 20WASHINGTON, June 9 /U.S. Newswire/ -- A U.S....
We develop a model that shows how rent-seeking behavior on the part of division managers can subvert the workings of an internal capital market. In an effort to stop rent-seeking, corporate headquarters will be effectively forced into paying bribes to some division managers. And because headquarters is itself an agent...
A former OSHA official will spend the next 2 years in a federal prison after pleading guilty to conspiracy to accept bribes. Mario Martin Solano Jr., the former area assistant director for OSHA in El Paso, Texas, in 2002 steered employers seek...
A World Bank report shows that alongside a rapidly growing economy, corruption is also increasing in Estonia. In a survey of 132 companies, the report found that companies spend 1.6 per cent of their annual turnover on bribes. "This is a good re A World Bank...
A&G Information Services 12-20-2004 THE HEAD OF THE RUSSIAN BRANCH OF "IKEA" CLAIMS THAT RUSSIAN POLITICIANS TRY TO EXTORT A BRIBE FROM HIM ST.PETERSBURG, RUSSIA, Dec 20, 2004 (A&G News via COMTEX) -- The scandal, in t A&G Information Services...
A&G Information Services 12-21-2004 THE HEAD OF THE RUSSIAN BRANCH OF "IKEA" CLAIMS THAT RUSSIAN POLITICIANS TRY TO EXTORT A BRIBE FROM HIM ST.PETERSBURG, RUSSIA, Dec 21, 2004 (A&G News via COMTEX) -- The scandal, in t A&G Information Services...
Oct. 1--WHITE PLAINS, N.Y. -- Two IBM executives have denied that the company's New York headquarters knew of bribes paid to help IBM Argentina win a $250 million government contract in that country in 1994, and said they were "deceived" by Oct. 1--WHITE PLAINS, N.Y. --...
Not everyone is down on Titan Corp., the San Diego defense communications firm that has delayed its sale to Lockheed Martin Corp. for several months because of a federal investigation into alleged bribes b3 hired consultants. Last week, UBS AG, Sw Not everyone...
The problem with Philadelphia City Council - OK, one of many problems - is that it doesn't think big. Except when it comes to summer vacations. Take the curious case of Christopher Wright, Councilman Jack Kelly's suspended chief of staff. He's charged with taking $16,000 in gifts from the Chawla...
GENEVA AFP — Swiss authorities on Monday shelved a long-running probe into alleged money laundering against slain former Pakistani prime minister Benazir Bhutto and her husband, Swiss news agency ATS reported. Bhutto's widower Asif Ali Zardari is now the Pakistan People's Party PPP candidate to replace Pervez Musharraf...
Page Turner A snow globe. A packet of onion seeds. A small cotton sack with "Life's a beach" printed on the front, filled with jelly beans. A white T-shirt with a dinosaur on it. A "detailed scale replica" of a Harley- Davidson. Two mystifying balls of...
GENEVA AFP — Police arrested a former manager of French engineering group Alstom in a corruption and money-laundering probe, Swiss prosecutors said Friday. Judicial police are investigating allegations of dishonest management practices, corruption and money-laundering "against a former high-level compliance manager of Alstom," the public prosecutor's office said...
One in four parents admits "bribing" their children to pass GCSE exams, according to research published yesterday. A survey of just over 1,000 parents reveals that 24 per cent offer them gifts if they do well in their exams - such as a paid trip to the...
CAIRO AFP — A new traffic law aimed at easing chronic congestion in Egypt has scared off some drivers who fear heavy fines, driven others to expect to pay higher bribes, and even sparked a business boom. The law, which came into effect on August 1, has seen...
When Long Island golf course operator and aspiring developer Neal Trabich pleaded guilty last week to, among other charges, bribing a Suffolk County legislator, Baltimore art dealer and investor Aaron Young took notice. That's because Young is the plaintiff in three separate federal lawsuits against Trabich and...
LOS ANGELES AFP — A prominent Los Angeles-based Muslim activist has been jailed for four years after pleading guilty to attempting to bribe a witness, prosecutors said Tuesday. Najee Ali, who heads the community group Project Islamic HOPE Helping Oppressed People Everywhere, was sentenced on Monday after he...
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