Bribery and Corruption

Navigating the Global Risks
Author: Brian P. Loughman,Richard A. Sibery
Publisher: John Wiley & Sons
ISBN: 1118166205
Category: Business & Economics
Page: 432
View: 8196

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As businesses continue to expand globally into new and emerging markets, bribery and corruption risks have increased exponentially. Bribery and Corruption offers a comprehensive look at this growing problem, and at the Foreign Corrupt Practices Act (FCPA) and other international anti-bribery and corruption conventions. Presenting hypothetical examples of situations companies will face, along with practical solutions, the book offers detailed global guidance on a region and country-specific basis. The FCPA prohibits US companies and their subsidiaries from bribing foreign officials, either directly or indirectly through intermediaries, for the purpose of obtaining or retaining business. It also requires companies to keep accurate records of all business transactions and maintain an effective system of internal accounting controls. Internationally, the Organization of Economic Cooperation and Development's (OECD's) anti-bribery convention has been adopted by 38 countries and creates legally binding standards related to bribery of foreign public officials. Written by renowned accounting fraud experts Richard A. Sibery and Brian P. Loughman, and providing an introduction and overview of the Foreign Corrupt Practices Act (FCPA) and international bribery laws, Bribery and Corruption considers: How to conduct FCPA risk assessments and investigations How to consider FCPA specific financial controls How to implement an FCPA compliance program and how to measure FCPA compliance The risk of bribery and corruption continues to be an area of concern for companies around the world, but armed with Bribery and Corruption, it is easier than ever to understand the challenges that exist and how to deal with them.

The Law on Corporate Governance in Banks


Author: Iris H-Y Chiu,Michael McKee
Publisher: Edward Elgar Publishing
ISBN: 1782548866
Category: Law
Page: 384
View: 6286

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Corporate governance in financial institutions has come under the spotlight since the banking crisis in the UK in 2008-9. In many respects, the banking business raises unique problems for corporate governance that are not found in other corporate secto

Philosophy, Ethics, and Public Policy: An Introduction


Author: Andrew I Cohen
Publisher: Routledge
ISBN: 1317677110
Category: Philosophy
Page: 240
View: 5745

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What makes a policy work? What should policies attempt to do, and what ought they not do? These questions are at the heart of both policy-making and ethics. Philosophy, Ethics and Public Policy: An Introduction examines these questions and more. Andrew I. Cohen uses contemporary examples and controversies, mainly drawn from policy in a North American context, to illustrate important flashpoints in ethics and public policy, such as: public policy and globalization: sweatshops; medicine and the developing world; immigration marriage, family and education: same-sex marriage; women and the family; education and Intelligent Design justifying and responding to state coercion: torture; reparations and restorative justice the ethics of the body and commodification: the human organ trade, and factory farming of animals. Each chapter illustrates how ethics offers ways of prioritizing some policy alternatives and imagining new ones. Reflecting on various themes in globalization, markets, and privacy, the chapters are windows to enduring significant debates about what states may do to shape our behavior. Overall, the book will help readers understand how ethics can frame policymaking, while also suggesting that sometimes the best policy is no policy. Including annotated further reading, this is an excellent introduction to a fast-growing subject for students in Philosophy, Public Policy, and related disciplines.

Business Ethics

A stakeholder, governance and risk approach
Author: Bob Tricker,Gretchen Tricker
Publisher: Routledge
ISBN: 1135075336
Category: Business & Economics
Page: 464
View: 9830

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Traditionally, books on business ethics focus on CSR, companies’ relations with their stakeholders, and corporate citizenship. More recently, green credentials and sustainability have been added to that agenda. Unconventionally, this book argues that business ethics are basic to running business, not a separate subject. They are inherent to the governance and management of every organization, not an optional exercise in corporate citizenship. Business ethics concern behaviour in business and the behaviour of business. Decisions at every level in a company have ethical implications – strategically in the board room, managerially throughout the organization, and operationally in all of its activities. The use, and sometimes the abuse, of corporate power, the process of corporate governance, raises ethical issues. Business involves risk-taking, whether decisions are at the strategic, managerial, or operational level. Exposure to ethical risk needs to be part of every organization’s strategy formulation, policy making, and enterprise risk management. Designed to be read by both undergraduates and postgraduates, this book is a primer on ethics in business. It is also relevant to ethics courses that are now part of many legal, accountancy and other professional examinations. The book is not about moral philosophy, nor does it prescribe appropriate standards of behaviour or recommend economic, legal or political solutions. Rather it enables readers to recognize ethical issues in business, to respond appropriately, and to embed ethics in business processes. The book not only considers what business ethics are, and why they are important, but offers practical approaches on how to develop a successful corporate ethics culture.

The FCPA in Latin America

Common Corruption Risks and Effective Compliance Strategies for the Region
Author: Matteson Ellis
Publisher: BookBaby
ISBN: 1483576906
Category: Law
Page: 238
View: 5577

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Latin America is experiencing a historic anti-corruption wave as governments in the region bolster their local anti-corruption laws, prosecutors courageously pursue high-profile cases, and corrupt political and business leaders and unscrupulous companies find themselves on the defensive. The trend is seen in Brazil's monumental "Operation Car Wash" involving the region's largest company – Petrobras, Guatemala's jailing of its former President for a customs-related bribery scheme, and the adoption of tighter anti-corruption laws in important markets like Chile, Colombia, and Mexico. An often overlooked factor in these regional developments, however, has been the role of the U.S. Foreign Corrupt Practices Act (FCPA). For years, extraterritorial application of the FCPA by U.S. officials to companies, individuals, and schemes in Latin America has had the effect of establishing penalties in the United States for conduct largely occurring in the region. The mere threat of FCPA enforcement has prompted people working in the region to embrace anti-corruption compliance norms. FCPA cases involving companies like Embraer, Wal-Mart, and Avon operating in Latin America have exposed local corruption risks, leading U.S. businesspeople to ask more questions about best practices for managing them. THE FCPA IN LATIN AMERICA by MATTESON ELLIS, the first book to take a regional and cultural approach to FCPA compliance and enforcement matters, helps unpack the tectonic anti-corruption shifts underway in the region. It explains how U.S. companies tend to confront cultural, historical, geographical, and language barriers when implementing FCPA compliance programs with their neighbors to the South, and provides advice for navigating these challenges. It also educates Latin Americans on the FCPA, those wondering how a United States anti-corruption law could possibly apply to their own work. The book aims to guide these various audiences. To do so, it focuses on one of the most challenging and cutting-edge aspects of FCPA compliance, and an area for which little has yet been written – crossing cultural barriers to make compliance strategies effective. The book explores the nature of unique corruption risks as well as proven strategies to bridge cultural divides that often make compliance difficult to implement successfully on the ground. It does so through the eyes of Matteson Ellis, an anti-corruption attorney who speaks Spanish and Portuguese and has years of experience working on these issues in various parts of the region.

Litigation Services Handbook

The Role of the Financial Expert, 2013 Supplement
Author: Roman L. Weil,Daniel G. Lentz,David P. Hoffman
Publisher: John Wiley & Sons
ISBN: 1118721802
Category: Business & Economics
Page: 112
View: 9684

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In the last 20 years, the need for a financial expert to act as a witness and consultant to litigating attorneys has grown even more than litigation itself. Twenty years ago, few certified public accountants or economists offered litigation-related services; now, a large number devote much of their practice to this area. To be litigation service practitioners and accountants need to learn or enhance their litigation skills, including the fine points of their roles in trial preparation and testimony presentation, testimony presentation, deposition, direct examination, cross examination, understanding Sarbanes-Oxley rulings, and fraud investigations.

Knack Body Language

Techniques on Interpreting Nonverbal Cues in the World and Workplace
Author: Aaron Brehove,Julie A Hill and Associates LLC
Publisher: Rowman & Littlefield
ISBN: 9780762768646
Category: Reference
Page: 256
View: 8941

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Get a fresh new perspective on this eternally fascinating subject and learn all about it from head to toe, with lots of examples and illustrations – including interviewing tips, dos and don’ts, what your body says about you and how to read the body language of others. Sections of the book cover: Specific body language (broken down into head, torso, lower body), interview techniques, where to sit in the board room, interpreting body lanugage while dating, and more.

The Foreign Corrupt Practices Act Handbook

A Practical Guide for Multinational General Counsel, Transactional Lawyers and White Collar Criminal Practitioners
Author: Robert W. Tarun
Publisher: American Bar Association
ISBN: 9781604429510
Category: Law
Page: 538
View: 2604

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Identifies all of the major FCPA risk areas and then offers very thoughtful and practical suggestions for how companies can most effectively address these risks and conduct credible investigations. You'll find information on anti-bribery conventions; board of directors and management responsibilities; transaction issues and considerations; gifts, travel, lodging and entertainment; charitable donations and political contributions; and conducting and defending an FCPA Investigation.

The New Era of Regulatory Enforcement: A Comprehensive Guide for Raising the Bar to Manage Risk


Author: Richard H. Girgenti,Timothy P. Hedley
Publisher: McGraw Hill Professional
ISBN: 1259584607
Category: Business & Economics
Page: 336
View: 4424

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Mitigate risk and achieve high-level business performance in today’s regulatory and enforcement environment The outset of the 21st century has seen a relentless flow of events from the 9/11 terrorist attack to the 2008 financial recession that have given birth to a new regulatory and enforcement landscape. In today’s global and digital world, this increasingly complex landscape has created unprecedented challenges and risks for businesses in all industries. The New Era of Regulatory Enforcement provides an overview of the challenges companies face in conducting business in this new environment. It discusses the government policies, strategies and tactics driving enforcement activity and outlines the most effective approaches for preventing, detecting, and responding to the risks presented. Authors Rich Girgenti and Tim Hedley--two highly experienced professionals at KPMG who daily work with organizations around the globe to help them understand and manage these challenges--draw upon their years of experience in both the private and public sector to provide an overview of the new regulatory and enforcement landscape and a framework for compliance. Assisted by a team of subject matter professionals, the book covers a broad range of topics including: · bribery and corruption · money laundering and trade sanctions · market manipulation · financial reporting fraud · off-shore tax evasion · unfair and abusive consumer finance practices, and · fraud and misconduct in the Healthcare and Life Sciences industries Prudent and diligent organizations must take the necessary steps to preserve the hard-earned value of their companies. In doing so, they will not only help improve their chances for sustainable business success, but also create benefit for their employees, shareholders, customers, and the public at large. Rich Girgenti, J.D., has more than 40 years of experience investigating fraud and misconduct and helping clients manage their risk of these occurrences. Rich leads KPMG LLP's Forensic Services and is a former KPMG board member, a veteran state prosecutor, and a previous Director of Criminal Justice for New York State. Tim Hedley, Ph.D., has extensive experience in helping companies prevent, detect, and respond to allegations of fraud and misconduct. He leads KPMG LLP’s Fraud Risk Management Services and is a frequent speaker on fraud risk topics, as well as a member of the NY State Society of CPAs and the AICPA.

Global Corruption Report: Climate Change


Author: Transparency International
Publisher: Routledge
ISBN: 1317972198
Category: Political Science
Page: 400
View: 2253

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The global response to climate change will demand unprecedented international cooperation, deep economic transformation and resource transfers at a significant scale. Corruption threatens to jeopardise these efforts. Transparency International's Global Corruption Report: Climate Change is the first publication to comprehensively explore such corruption risks. More than fifty leading experts and practitioners contribute, covering four key areas: governance: investigating major governance challenges towards tackling climate change mitigating climate change: reducing greenhouse gas emissions with transparency and accountability adapting to climate change: identifying corruption risks in climate-proofing development, financing and implementation of adaptation forestry governance: responding to the corruption challenges plaguing the forestry sector, and how these challenges need to be integrated into current international strategies to halt deforestation and promote reforestation. The Global Corruption Report: Climate Change provides essential policy analysis to help policy-makers, practitioners and other stakeholders understand these risks and develop effective responses at a critical point in time when the main architecture for climate governance is being developed.

Managing Risk in Reinsurance

From City Fires to Global Warming
Author: Geoffrey Jones
Publisher: Oxford University Press
ISBN: 0198754914
Category:
Page: 368
View: 8635

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The business of reinsurance developed at the fringe of financial services and, for most of its existence, went largely unnoticed outside the expert community. More recently, both public and professional sensitivity towards managing risks has increased and reinsurers have emerged as authorities on global threats such as climate change and natural catastrophes. This is the first book to provide a comprehensive historical description of this industry. It traces the global development of reinsurance from the early 19th century until today. As such it gives a detailed account of how the nature of risk itself changed over the last 200 years. It highlights all aspects relevant in shaping the industry from the development of risk, risk engineering and risk management, actuarial science, the financial and monetary environment, market conditions, impacts of politics, the effects of regulatory changes, to large risks and natural catastrophes. A comprehensive introduction by the editors highlights the different challenges and approaches to managing risk from a reinsurance perspective such as mathematical, financial, legal, and contractual developments, as well as the changing business models adopted. All of these are dealt with in further detail by ten contributing authors.

Management in Complex Environments

Questions for Leaders
Author: Brian Ganson
Publisher: International Council of Swedish Industry
ISBN: 9789163739910
Category: Business & Economics
Page: 272
View: 6750

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Companies operating in complex environments require a rigorous understanding of the economic, political, social and conflict dynamics of which they become part. Such insight helps them navigate substantial risks and challenges, grow their business even in unexpected places, work more effectively with local, national and international actors, and make meaningful contributions to stability and development. This book combines expert analysis, company case stories, and reflections from more than 100 business leaders. Drawing on a vast repository of knowledge and experience, it poses essential questions to better understand a particular complex environment and lead the company within it. It concretely demonstrates how leaders can help their companies meet their full range of goals - technical, financial, legal, reputation and social - by addressing the questions set out in this book. It is an invaluable resource for corporate practitioners and others concerned with company operations in complex environments. The book is the result of an intense and fruitful collaboration among the Africa Centre for Dispute Settlement, University of Stellenbosch Business School; the Corporate Engagement and Reflecting on Peace Practice Programs of CDA; the Geneva Peacebuilding Platform; the Institute for Business in the Global Context of The Fletcher School, Tufts University; the IRENE Institute of ESSEC Business School; the International Council of Swedish Industry; and the Stockholm Policy Group. Authors include Dost Bardouille-Crema, Diana Chigas, Brian Ganson, Kathleen Hamill, Paul Hollesen, Benjamin Miller, Cecile Renouard, Nicklas Svensson, and Achim Wennmann.

Straight to the Bottom Line

An Executive's Roadmap to World Class Supply Management
Author: Robert A. Rudzki,Douglas A. Smock,Michael Karzorke,Shelley Stewart Jr.
Publisher: J. Ross Publishing
ISBN: 9781932159493
Category: Business & Economics
Page: 288
View: 8768

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This book provides a clear understanding of performance improvement opportunities and what is at stake if these opportunities are overlooked. It outlines a powerful and logical approach for assessing the state-of-play in any organization, and offers ways to estimate the specific opportunities related to implementing a change in strategy and practices. It also details a comprehensive framework for organizing the transformation plan across multiple dimensions, and gives advice on which areas to focus on first in order to build and ensure success.

The Inter-American Convention Against Corruption


Author: Carlos A. Manfroni,Richard S. Werksman
Publisher: Lexington Books
ISBN: 9780739105481
Category: Political Science
Page: 180
View: 1388

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This work examines and comments on the first international agreement aimed exclusively at fighting corruption in the Western Hemisphere. It explains the sense and consequences of each specific commitment, adopted by the countries belonging to the Organization of American States.

World Development Report 2017

Governance and the Law
Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464809518
Category: Business & Economics
Page: 304
View: 4035

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Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such as security, growth, and equity? And why do some bad policies endure? World Development Report 2017: Governance and the Law addresses these fundamental questions, which are at the heart of development. Policy making and policy implementation do not occur in a vacuum. Rather, they take place in complex political and social settings, in which individuals and groups with unequal power interact within changing rules as they pursue conflicting interests. The process of these interactions is what this Report calls governance, and the space in which these interactions take place, the policy arena. The capacity of actors to commit and their willingness to cooperate and coordinate to achieve socially desirable goals are what matter for effectiveness. However, who bargains, who is excluded, and what barriers block entry to the policy arena determine the selection and implementation of policies and, consequently, their impact on development outcomes. Exclusion, capture, and clientelism are manifestations of power asymmetries that lead to failures to achieve security, growth, and equity. The distribution of power in society is partly determined by history. Yet, there is room for positive change. This Report reveals that governance can mitigate, even overcome, power asymmetries to bring about more effective policy interventions that achieve sustainable improvements in security, growth, and equity. This happens by shifting the incentives of those with power, reshaping their preferences in favor of good outcomes, and taking into account the interests of previously excluded participants. These changes can come about through bargains among elites and greater citizen engagement, as well as by international actors supporting rules that strengthen coalitions for reform.

Global Corruption Report: Education


Author: Transparency International
Publisher: Routledge
ISBN: 1136272135
Category: Business & Economics
Page: 448
View: 6990

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Corruption and poor governance are acknowledged as major impediments to realizing the right to education and to reaching the Millennium Development Goal of universal primary education by 2015. Corruption not only distorts access to education, but affects the quality of education and the reliability of research findings. From corruption in the procurement of school resources and nepotism in the hiring of teachers, to the buying and selling of academic titles and the skewing of research results, major corruption risks can be identified at every level of the education and research systems. Conversely, education serves as a means to strengthen personal integrity and is a critical tool to address corruption effectively. The Global Corruption Report (GCR) is Transparency International’s flagship publication, bringing the expertise of the anti-corruption movement to bear on a specific corruption issue or sector. The Global Corruption Report on education consists of more than 70 articles commissioned from experts in the fields of corruption and education, from universities, think-tanks, business, civil society and international organisations. The Global Corruption Report on education and academic research will provide essential analysis for understanding the corruption risks in the sector and highlight the significant work that has already been done in the field to improve governance and educational outcomes. This will be an opportunity to pull together cutting edge knowledge on lessons learnt, innovative tools and solutions that exist in order to fight corruption in the education sector.

The Inside Counsel Revolution: Resolving the Partner-Guardian Tension


Author: Benjamin W. Heineman, Jr.
Publisher: Ankerwycke
ISBN: 9781634252799
Category: Business & Economics
Page: 400
View: 8046

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In the past 25 years, there has been a revolution in the legal profession. General Counsel and other inside lawyers have risen in quality, responsibility, power and status. Once second class citizens in corporations and the legal profession, they have become core members of top corporate management, equaling in importance the Chief Financial Officer and the finance function. Benjamin W. Heineman, Jr. has led that revolution in his nearly 20 years as the top lawyer at GE. In this analytic and prescriptive book, he describes the essence of that transformation and the modern role of inside counsel: the key functions, relationships, issues, problems and dilemmas, and argues for the role of inside counsel as lawyer-statesman, motivated not just by the desire for income but by broader values of integrity and corporate citizenship."

Foreign Corrupt Practices Act Compliance Guidebook

Protecting Your Organization from Bribery and Corruption
Author: Martin T. Biegelman,Daniel R. Biegelman
Publisher: John Wiley & Sons
ISBN: 0470527935
Category: Business & Economics
Page: 384
View: 911

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Foreign Corrupt Practices Act Compliance Guidebook shows readers how the Foreign Corrupt Practices Act (FCPA) has grown to critical importance to any U.S. company that does business in a global environment, as well as foreign companies that supply or have agency agreements with U.S. companies. It provides an overview of the business risks and guidance on spotting potential red flags regarding FCPA violation. Business professionals are provided with practical guidance on managing FCPA requirements as part of an overall compliance program.

Introduction to Aviation Insurance and Risk Management


Author: Alexander T. Wells,Bruce D. Chadbourne
Publisher: Krieger Publishing Company
ISBN: 9781575242743
Category: Business & Economics
Page: 548
View: 9226

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The third edition of Introduction to Aviation Insurance and Risk Management has provided the opportunity to improve the book and extend its life into the 21st Century. Old material has been deleted and newer, more timely material added. Unlike the previous editions, a number of industry professionals have contributed to the new version. Despite these changes the primary purpose of the book remains the same - to introduce the basic principles of insurance and risk with their special application to the aviation industry. It has been designed for several similar, yet distinct audiences: the college student, corporate pilots or fixed base operators, and individuals in the insurance business.

Anti-corruption measures

a comparative survey of selected national and international programmes
Author: André Thomashausen,Konrad-Adenauer-Stiftung (South Africa)
Publisher: N.A
ISBN: N.A
Category: Computers
Page: 68
View: 6437

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