Corruption and Bribery – is risk management the answer?
December 9, 2013
The enforcement of the US Foreign Corrupt Practices Act against Siemens and BAE shows that a failure to address bribery can exact a very high cost on companies ($800 million and $400 million respectively), leaving aside damaged reputations among investors, employees, customers and business partners. Due to the recession in Western markets companies have been …
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