We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Discuss some of the dilemmas surrounding issues of corruption that multi-national corporations may face. To illustrate your discussion you should refer to at least one of the following: facilitation payments, corporate hospitality and nepotism - Essay Example

Comments (0)
Summary
The complexities involved in determining what comprises a corrupt practice contribute a great deal to these difficulties. Scholars who research on…
Download full paper
GRAB THE BEST PAPER

Extract of sample
Discuss some of the dilemmas surrounding issues of corruption that multi-national corporations may face. To illustrate your discussion you should refer to at least one of the following: facilitation payments, corporate hospitality and nepotism

Download file to see previous pages... Nevertheless, tremendous steps have been taken on combating this vice. For example, the International Monetary Fund (IMF) and the World Bank have undertaken high-profile dedication to eradicating corruption from within their ranks and associations. This paper critically explores the different dilemmas in another group of players, multinational corporations. These have more often than not encountered challenges on how to pursue commercial activities in a country with high rates of corruption while maintaining their own anticorruption and human rights policies.
Bribery and corruption are major public concerns in several countries. This has been brought about by the increasing press coverage on corrupt public officials. Economists today recognize corruption to be a major setback to development. Even though the fight against corruption calls for a serious commitment by several players, the international business community has a crucial role to play. The main difficulty in curbing corruption and bribery lies in the very fact that its definition is controversial (Albrecht et al. 2005). There is no known single meaning as to what comprises corruption and bribery. In their broadest sense, the words refer to transactions which are in essence “bad”. This broad definition of the words lacks any practical interpretation of corruption. Thus, it becomes difficult to distinguish between acceptable corporate relationships and corrupt engagements. The society argues that one will know corruption when they see it. Nevertheless, the subtle differences between some practices and corruption make the identification of such more difficult.
For instance, whereas some argue that corporate relationships require aspects such as trust and rapport, the line between the facilitation of such practices and absolute corrupt dealings is thin. Similarly, there are several practices which are tolerated as an excuse for corruption. The ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Issues for Multi-national Organisation
This is because by exploiting their core competences in the foreign economies, these corporate firms have been successful in attaining economies of scale in business operations. These corporate business firms that have accepted internationalization as an integral part of business and operate worldwide in different marketplaces are known as multinational corporations.
6 Pages(1500 words)Essay
Corporate Social Responsibility Policy of Multi National Corporations
The boundaries are melting. The channels of communication have become open. Globalization is the norm. But amidst this entire happening, there is a serious concern. The concern overshadows the race towards more finances, profit and success. The concern is the 'greater common good' or in a more formal jargon, 'Corporate Social Responsibility'.
8 Pages(2000 words)Essay
Corruption and Multi-National Corporations
Facilitation payments and nepotism will continue to confuse and confound business and legal circles as long as business lasts. There is no end in sight to them. Different countries have set different parameters on the basis of which they are evaluated and judged.
6 Pages(1500 words)Essay
Corporate Social Responsibility for Multi-national Organizations
Government pressure and the guidelines given by regulatory authorities are only a part of the process that makes corporations recognize their social
12 Pages(3000 words)Essay
Assess the impact of Multi- (or Trans-) National Corporations on international relations. Illustrate your points with examples from the activities of named corp
Multinational corporations have been helped by the enormous growth potentials that have existed within their reigns. This has assisted in their respective capturing of significant markets within the global domains. On the same token, international
6 Pages(1500 words)Essay
Discuss a current public controversy surrounding a healthcare issue. Examine the issue from a sociopolitical, economic, and cultural perspective. What are the ethical/ legal dilemmas that nursing professionals face when healthcare issues are politicized
The law provides for contraption as a preventive service in healthcare. However, cultural, religious, social, and political stakeholders remain divided over the matter. Obamacare seeks to
1 Pages(250 words)Essay
Discuss some of the dilemmas surrounding issues of corruption that multi-national corporations may face. To illustrate your discussion you should refer to at least one of the following: facilitation payments, corporate hospitality and nepotism
A number of these dilemmas arise from the effect of each action or activity on the corporate image and brand reputation of the company, especially in a new environment whereby it lacks local support and backing, majorly
4 Pages(1000 words)Essay
You are required to write a 2000 word policy paper to a stakeholder of your choice (e.g. European Commissioner, Head of Member State) which provides a critical discussion of one of the following key issues:
The policy focus on the problems that EU is undergoing, such as, drop in inflation rate, overvalued Euro and internal disagreement among member countries, that are acting as a barrier to the Euro zone’s growth. The high level of
7 Pages(1750 words)Essay
9)A fatal combination of population growth and unemployment triggered the Arab Spring. Discuss and illustrate your answer with reference to at least 2 of the following: Egypt, Libya, Syria and Tunisia
A critical analysis of the Arab Spring shows that a combination of factors triggered the Great War between the government and the citizens in most countries. In countries such as Tunisia and Egypt, there riots and demonstrations were frequent and the people pushed for the
2 Pages(500 words)Essay
What cultural challenges do multinational corporations face with people management in some overseas locations Critically discuss using illustrations to demonstrate your argument
Francesco and Gold (2005) argued that while the international market presents huge opportunities for multinational corporations, they tend to face many challenges in the process of trying to adapt to that environment. This paper seeks to discuss the
11 Pages(2750 words)Essay
Let us find you another Essay on topic Discuss some of the dilemmas surrounding issues of corruption that multi-national corporations may face. To illustrate your discussion you should refer to at least one of the following: facilitation payments, corporate hospitality and nepotism for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us