Chapter Nineteen Copyright, John Wiley and Sons, Inc. Learning Concepts – Chapter 19 1. Identify the main elements of the Multinational Enterprise code.

Slides:



Advertisements
Similar presentations
DEVELOPING A GLOBAL VISION
Advertisements

© 2014 Routledge, Inc., Taylor and Francis Group. All rights reserved. PowerPoint Presentation Design by Charlie Cook CHAPTER 11 Competing in the Global.
Business & Society Business & Society Ethics, Sustainability, and Stakeholder Management Eighth Edition Archie B. Carroll Ann K. Buchholtz © 2012 South-Western,
Chapter 4: Ethics and Business Decision Making Chapter 4: Ethics and Business Decision Making.
Ethics and Corruption In the Global Marketplace
Chapter 5 Copyright (c) 2007 John Wiley & Sons, Inc. 1 Global Marketing Management, 4e Chapter 5 Political and Legal Environments.
Integrity and responsible governance in a private sector - case Finland Pentti Mäkinen Conference of the Corruption-free society Prague 12 September 2014.
Chapter Five Globalization and Society
Copyright © 2011 Pearson Education Part Two Comparative Environmental Frameworks International Business Environments and Operations, 13/e Global Edition.
Chapter 10 Managing Political Risk and Negotiations.
The Political, Legal, and Regulatory Environments of Global Marketing
Facts about Uganda  Population 31.7 million  GDP $36.9 billion  9.5% growth  GDP per Capita $1,165.
2-1 Chapter 2 THE NON ECONOMIC ENVIRONMENT FOR INTERNATIONAL MANAGEMENT.
Center for International Private Enterprise © 2003 Combating Corruption Anti-Corruption Initiatives from a Business View Point July 14, 2003 The Center.
INTRODUCTION TO BUSINESS
1 Corruption October 26th 2011 Dr Robert Barrington Director of External Affairs, Transparency International UK.
Copyright © Houghton Mifflin Company10-1 O.C. Ferrell University of New Mexico John Fraedrich University of Wyoming Linda Ferrell University of New Mexico.
CORRUPTION AND GOVERNANCE Daniel Kaufmann Nonresident Senior Fellow Brookings Institution.
Chapter Copyright© 2004 Thomson Learning All rights reserved 15 Managing Ethical and Social Responsibility Challenges in Multinational Companies.
International Corruption laws & Culture HCA 457i Michelle Wheeler, Miyeon Kim.
Presented by: John Hyde Board Member, GOPAC Chair, GOPAC Oceanie October 7, 2013 Post-2015 Implementation The Role of Parliamentarians in the Fight Against.
AUDIT TO DETECT FRAUD AND CORRUPTION: EVALUATION OF THE FIGHT AGAINST CORRUPTION AND MONEY LAUNDERING The 10th ASOSAI Research Project Atty. ALEXANDER.
Using the UN Convention against Corruption as a Basis for Good Governance.
The Global Environment
International Anti-Corruption Standards and Role of Governments in Promoting Business Integrity Olga Savran Senior Anti-Corruption Advisor MENA-OECD Investment.
3 - 1 Copyright 1998 by Prentice Hall, Inc. adapted by Prof. Dr. vom Kolke Chapter 3 Ethics and Social Responsibility.
Resource Revenue Transparency: A Presentation to the International Public Sector Accounting Standards Board Montreal, Quebec Thursday, July 5th, 2007 Notes.
1 What are Adequate Procedures? ACFE March 1st 2011 Robert Barrington Director of External Affairs, Transparency International UK.
Ethics and Social Responsibility chapter three McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All Rights Reserved.
Chapter Five Copyright, John Wiley and Sons, Inc. Chapter Five three Learning Concepts – Chapter 5 1. Understand why countries differ in their overall.
MACROECONOMICS AND THE GLOBAL BUSINESS ENVIRONMENT
Global Marketing Management, 5e Chapter 5Copyright (c) 2009 John Wiley & Sons, Inc. 1 Chapter 5 Political and Legal Environments.
© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 15-1 GLOBAL BUSINESS AND ACCOUNTING Chapter 15.
© The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin Financial & Managerial Accounting The Basis for Business Decisions FOURTEENTH EDITION Williams.
Compliance and Corporate Social Responsibility 6th CIS LOCAL COUNSEL FORUM Mr. Alexander Bolkvadze, Partner, BLC Law Office - Tbilisi.
Globalization and International Business
Combating Bribery in the Supply Chain: Multi-National Companies and the UN Global Compact Mark Snyderman The Coca-Cola Company IACC October 2008.
Anti-Corruption, the Swedish way Gunnar Stetler Head of the Swedish Anti-Corruption Unit
Chapter 5 Legal Environment.
Copyright 2008 The McGraw-Hill Companies 27-1 Rich and Poor Obstacles to Economic Development Capital Accumulation Vicious Circle of Poverty Role of Government.
Juanita Riaño Transparency International The Empirics of Governance May 1-2, 2008 Washington D.C.
Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall Part Two Comparative Environmental Frameworks International Business Environments.
World Bank – GOPAC – APNAC – Forum, 20 September 2006, Arusha (Tanzania) International Framework to Fight Corruption: International Treaties and Standards;
Problems and challenges in the implementation of anti-corruption activities Drago KOS President of the Commission for the Prevention of Corruption, Slovenia.
Moral Choices Facing Employees Unit 8 Ethical Awareness.
Ethics and Social Responsibility
Chapter 5Kotabe & Helsen's Global Marketing Management, Second Edition 1 Global Marketing Management Masaaki Kotabe & Kristiaan Helsen Second Edition John.
CORRUPTION. International standards in criminal law – what do we need? National legislation – what do we have? What is corruption? Manifestations of corruption.
Chapter Four The Economic Environments Facing Businesses International Business Part Two Comparative Environmental Frameworks.
Chapter Thirteen Copyright, John Wiley and Sons, Inc. Chapter Thirteen three Learning Concepts – Chapter Understand the increasing benefits and challenges.
John Wiley & Sons, Inc c POLITICAL AND LEGAL ENVIRONMENT Chapter Five.
C N A O AUDIT TO DETECT FRAUD AND CORRUPTION: EVALUATION OF THE FIGHT AGAINST CORRUPTION AND MONEY LAUNDERING National Audit Office of the People’s Republic.
CHAPTER 10 DATA COLLECTION METHODS. FROM CHAPTER 10 Copyright © 2003 John Wiley & Sons, Inc. Sekaran/RESEARCH 4E.
Chapter 4: Ethics and Business Decision Making Chapter 4: Ethics and Business Decision Making.
POLITICAL CORRUPTION BY VALENTINA VILLADA S 11°2 LUCRECIO JARAMILLO VELEZ.
Chapter 5 Legal Environment. Chapter Outline Multiplicity of Legal Environments Legal Systems Jurisdiction and Extraterritoriality Legal Form of Organization.
Global Workshop (Part 2) Professor Laureen Regan.
Copyright © 2011 Pearson Education Part Two Comparative Environmental Frameworks 5-1 International Business Environments and Operations Global Edition.
Chapter 12 International Accounting PowerPoint Presentation by Matthew Tilling ©2012 John Wiley & Sons Australia Ltd.
We need to address transparency, accountability and institutional capacity. And let's not mince words: we need to deal with the cancer of corruption. James.
1 Corruption and markets March 14 th 2013 Dr Robert Barrington Executive Director Transparency International UK.
Ethics and the Conduct of Business
Corruption in our world Professor Adam Graycar School of Social and Policy Studies 23 February 2016.
ETHICS AND CORPORATE SOCIAL RESPONSIBILITY IN A GLOBAL CONTEXT
Chapter 5 The International Financial, Political, and Legal Environment.
MACROECONOMICS AND THE GLOBAL BUSINESS ENVIRONMENT
Business in a Global Environment
The Economics of Corruption and Bribery
Chapter Four The Economic Environments Facing Businesses
Presentation transcript:

Chapter Nineteen Copyright, John Wiley and Sons, Inc. Learning Concepts – Chapter Identify the main elements of the Multinational Enterprise code of conduct. 2. Identify characteristics of nations that predispose them to corruption. 3. Identify the drawbacks of corruption. 4. Identify the most common corrupt practices. in international business. Ethics and Corruption in the Global Marketplace. Ethics and Corruption in the Global Marketplace. Chapter Nineteen

Copyright, John Wiley and Sons, Inc. Corruption and The Shell Group The Shell Group operates in more than 130 countries. They frequently face demands for “facilitation payments” from junior officials, and for “bribes” from more senior people. Shell has a clear anticorruption policy: it does not sanction giving or receiving any type of bribery or illegal payment; an employee who is found to have done so is instantly fired and prosecuted.

Chapter Nineteen Copyright, John Wiley and Sons, Inc. Corruption in International Business Corruption is an exchange between two partners that has an influence on the allocation of resources and involved the use or abuse of public or collective responsibility for private ends. Corruption is difficult to measure, but The Economist projects that corruption may be measured at approximately $9 trillion per year.

Chapter Nineteen Copyright, John Wiley and Sons, Inc. The Origin of Corruption Corruption is proposed to come from two key factors:  Developing or transitional economies which have weak infrastructure, weak legal systems, and inadequate enforcement  A high level of government involvement with industry and business and a low public sector payment amount  Culture is also attributable to corruption. It correlates with receptivity toward questionable accounting practices, uncertainty avoidance, and masculinity

Chapter Nineteen Copyright, John Wiley and Sons, Inc. Drawbacks of Corruption  Corruption slows progress  Corruption obstructs firm growth  Corruption causes misallocation of capital  Corruption produced distorted information  Corruption undermines trade and foreign direct investment  Corruption undermines trade liberalization

Chapter Nineteen Copyright, John Wiley and Sons, Inc. Corruption Rankings The CPI has these as the five highest and lowest corruption countries. Highest: Bangladesh, Nigeria, Paraguay, Madagascar, Angola. Lowest: Finland, Denmark, New Zealand, Iceland, Singapore. The United States rates 16th lowest, the United Kingdom 10th. Russia is 71st, and Mexico is 57th.

Chapter Nineteen Copyright, John Wiley and Sons, Inc. Types of Corrupt Practices  Smuggling  Money Laundering  Piracy and Counterfeiting  Bribe Paying

Chapter Nineteen Copyright, John Wiley and Sons, Inc. The Foreign Corrupt Practices Act (FCPA) The FCPA of the United States makes corruption and corrupt practices illegal in the United States.

Chapter Nineteen Copyright, John Wiley and Sons, Inc. The Globalization of the Fight Against Corruption The OECD has a policy statement in the OECD Guidelines outlawing corruption and corrupt practices.