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risks to global firms under the Foreign Corrupt Practices Act and other applicable anti-corruption laws. As globalization … fuels corporate transactions and the vast scope of certain anti-corruption laws, companies have begun inserting anti-corruption … goals of these anti-corruption provisions in contracts between private parties, and in particular, corporate actors with an …
Persistent link: https://www.econbiz.de/10012844254
At the international level, anti-corruption treaties encourage states to make corporations criminally liable for … transnational corruption. The OECD Guidelines for Multinational Enterprises provide a detailed standard as to the management that … corporations should adopt in order to prevent transnational corruption. This article aims to clarify the OECD due diligence …
Persistent link: https://www.econbiz.de/10012953205
This paper explores when extraterritorial application of national laws is an appropriate solution to global problems. As a case study, the paper analyzes enforcement of national anti-bribery legislation based on the Anti-Bribery Convention of the Organization for Economic Cooperation and...
Persistent link: https://www.econbiz.de/10012961318
targets located in countries (industries) with a higher level of corruption. Taken together, the findings support the …
Persistent link: https://www.econbiz.de/10012936582
, ceteris paribus, corruption may yield differential effects on foreign investment in a group of central and eastern European … (CEE) countries depending on the level of business regulations, home-host corruption similarity or EU/OECD membership link … with corruption in the presence of business regulations and home-host corruption similarity, both of which may facilitate …
Persistent link: https://www.econbiz.de/10013007174
It is a fact that states with a high corruption rate (or a high corruption perception) are at the same time those with … corruption and deficient human rights protection. This is in practical terms relevant, because the extant international norms … against corruption have so far yielded only modest success; their implementation could be improved with the help of human …
Persistent link: https://www.econbiz.de/10012987446
Purpose – The purpose of this paper is to empirically investigate the impact of corruption on foreign direct investment … evaluate the impact of corruption on FDI activities.Findings – The empirical results illustrate that corruption is a … components of FDI – greenfield investment and cross-border M&As, are separately examined. Specifically, while corruption …
Persistent link: https://www.econbiz.de/10012932706
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