Corruption control is difficult enough without falling back on magical thinking. By that I mean assuming that A will cause B, without specifying any causal connections between the two. A closely–related fallacy is the notion that naming an idea creates something real. A bit of reflection on these problems may help us understand why […]
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[…] People reporting online may not be traceable,” she said.
Last year the ICAC handled 3,377 corruption reports from citizens. That’s a lot. And it followed up on 78 per cent of those. So perhaps the organization is right to be worried; an easy–access, online complaint–filing system might just overwhelm its resources.
The conclusion? E–government can reduce […]
There are many striking similarities between navigating the daily chaos of urban traffic in Lagos, Nigeria and attempting to do business ethically in Nigeria. For one thing the objectives are generally the same — to arrive alive, unharmed, and without any damage to your car or your […]
Earlier this week we talked about Our Lists under the Archive tab in the top menu of the FCPA Blog. Today we want to remind readers of the University of Richmond Online Anti–Bribery Research Guide that can also be found under the Archive tab in the top menu, pictured […]
Wall Street‘s independent regulator warned that people claiming to be involved in the hiring process for legitimate organizations are using Skype and similar apps to phish for personal information and money.
Image courtesy of LVSLas Vegas Sands Corp. agreed Thursday to pay a $9 million penalty to settle charges that it violated the Foreign Corrupt Practices Act by failing to properly authorize or document millions of dollars in payments to a consultant hired to help it do business in China and Macau.
In our first post we proposed a universal business ethics principle: “A basic duty of every organization is to earn stakeholder trust.”
The Securities and Exchange Commission this week charged a Houston–based oil–and–gas firm and its CEO for making fraudulent claims about the company’s oil reserves.
When was the last time you heard about important business decisions being made by panels of Chief Executive Officers working together on an issue? What about successes brought on by co–General Managers of major league sports teams? How about any sustained praise in organizational behavior journals for the ability of groups to arrive at […]
An investment vehicle for a technology acquisition company made a disclosure to its investors Monday: If we‘re investigated for bribery, you can redeem shares for 200 percent of what you bought them for.