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Efforts to combat corruption have increased from the domestic level to a global level, an indication of increased global awareness that has incentivized nations to internationally cooperate to eliminate corruption. As countries sign and ratify various international conventions, various...
Persistent link: https://www.econbiz.de/10014109331
A compliance program, a tool which will enable companies to detect, deter and prevent any non-compliance with the applicable laws must be culturally adapted to the environment it will be implemented in. While there is some guidance on what the core elements of a compliance program should be, it...
Persistent link: https://www.econbiz.de/10014109939
Both anti-corruption law and anti-trust law aim to create a level playing field and they are complementary to each other in support of this aim. Given the indispensable nature of both fields in terms of reaching social welfare, it is striking how differently society reacts to the breaching...
Persistent link: https://www.econbiz.de/10012907065
Whether motivated by ethical reasons, the deterrent effect of fines and other sanctions, or both, an increasing number of companies coordinate compliance with anti-corruption regulations in conjunction with compliance with competition laws when establishing their corporate governance policy...
Persistent link: https://www.econbiz.de/10013232691