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Corruption overseas: Combating bribery – Plugging corporate corruption’s drain

Global companies are seeing the value of refraining from paying bribes – but only when governments help them to do soThe business case against overseas corruption has never been stronger, as regulators around the world work together to prosecute companies that bribe abroad. Enforcement trends show that firms breaking foreign bribery laws are today more likely to be prosecuted than ever before. Anti-corruption watchdog Transparency International says there was “significant enforcement” of the 1997 OECD anti-bribery convention in 16 countries in 2007, up from 14 in 2006… read more