Original Source: Chris MacDonald, Ph.D. via The Business Ethics Blog
“Bribery and other forms of corruption continue to pose a challenge to international business. Bribery is a problem because it distorts markets, saps economies, and hurts local communities. For all these reasons, bribery is illegal just about everywhere that has a functioning legal system. And as reported recently in the Wall Street Journal, many countries are stepping up efforts at enforcing anti-bribery laws. Both because of the possibility of prosecution, and because of the slippery slope between bribery and other forms of criminality, bribery poses significant business risks…”
https://businessethicsblog.com/2014/03/26/bribery-is-still-a-challenge-for-international-business/
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