Is the Foreign Corrupt Practices Act of 1977 a Success or Failure? A Survey of Members of the Academy of International Business

The Foreign Corrupt Practices Act, enacted by the U.S. Congress in 1977, was intended to improve international confidence in U.S. businesses and institutions. This paper presents the results of a questionnaire submitted to members of the Academy of International Business to determine whether the Act has achieved its goal. The opinions of knowledgeable academicians should add another dimensions to this debatable issue.© 1981 JIBS. Journal of International Business Studies (1981) 12, 123–126