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http://hbr.org/2011/04/ethical- breakdowns/ar/1 http://hbr.org/2011/04/ethical- breakdowns/ar/1
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Bribe, df.: payment made by a third party for someone to violate his/his professional duties/obligations. Requires a quid pro quo.
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Questions: Why is it wrong to accept a bribe? Why is it wrong to offer a bribe? Does someone who’s been bribed thus have a conflict of interest? The teacher/extra credit example
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IBM case: http://online.wsj.com/article/SB100014240527487046 08504576208634150691292.html?mod=djem_jiewr_B E_domainid http://online.wsj.com/article/SB100014240527487046 08504576208634150691292.html?mod=djem_jiewr_B E_domainid Doctors/pharma example: http://www.npr.org/templates/story/story.php?storyI d=130730104&sc=emaf http://www.npr.org/templates/story/story.php?storyI d=130730104&sc=emaf WSJ: 10/5/10
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FCPA “Foreign Corrupt Practices Act” of 1977 Prohibits American companies or their representatives from bribing officials of foreign gov’t officials. Does not apply to: foreign corporate agents. grease payments
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