Bribery

Someone who is abusing the power that is given to him or her defines corruption, however, the word in its self is more than a simple idea; it is an intricate network. Since people’s views about ethical and moral behavior affect the way corruption is examined, the word has a slightly different meaning to each person. Additionally, misconduct across various societies is viewed differently due to social and cultural borders. The criminal justice system has had many instances where corruption had affected the outcome of a case and has inserted itself into the legal process.

Corruption can come from many different people. When the same group of people are always in government it becomes a situation where this group of people runs government. And when someone wants to be elected they might do whatever the group of people wants to be in there favor. The Federalist paper number 68 it says “He might otherwise be tempted to sacrifice his duty to his complaisance for those whose favor was necessarily to the duration of his official consequence” (Hamilton). There are also people from foreign countries that want to be the leader of America just for the benefit of their home country. They

Pay off does not appear to be all that exceptional in business, particularly when governmental issues are included. The social elements certainly likewise appear to assume a part in whether a demonstration is considered renumeration. There are numerous nations, for example, Afghanistan, where a tribal pioneer can acknowledge a blessing to discard a case especially. It is not viewed as a pay off the way it would be in America, since it is viewed as a type of installment for the tribal pioneer doing their obligation. In American however, tolerating certain "endowments" can prompt inconvenience.

There are few nation-states that one could point to as being truly “corruption-free” (Denmark hosts the most corruption-free gov’t according to Transparency International’s 2014 Corruption Perceptions Index). However, this is a trait that holds back the growth of the whole of society, weakening the disadvantaged and emboldening the powerful. As Transparency International goes on to state:

(Wells, 2011, p. 241). Bribery can come in many different forms but generally is defined as an act in which something of value is offered, given, received or solicited with the intent of influencing an official act. Illegal gratuities can be similar to bribes except these are usually given as a reward. Economic extortion is basically the demanding of money. “A conflict of interest occurs when an employee, manager, or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.” (Wells, 2011, p. 242). These are not all corruption schemes that exist but have been determined to be more common than others and ones that should definitely be watched for when completing an audit or a full financial status review.

First, it is important to define what corruption is. The term, “corruption” covers a broad range of human actions,

I Think corruption starts within organizations is when There are no authority checks and balances that effects the mindset and integrity of The employees who are in high management positions and also working within the any department of a government sector or business. With the economy growing in many states corruption decreases because jobs are able to pay people well and not below what the job position requires. Many factors play when it comes to corruption because it starts from home so a family or person can live well and a major factor can be the strength of the state presidency office if, the presidency for the state is not strong and showing good change to help the state in bad times people start to lose motivation and practices that things will get better and decide to take things in their own hands as for corruption.

Corruption can take many forms and can be found in many countries, but mainly in the emerging ones. The main form of corruption is the bribery in the form of payments demanded by the government or ministry officials in exchange for a favor (granting a service, awarding a business).Corruption affects all the businesses that interfere with the government, but studies have shown that certain industries are more exposed to it. These industries are construction, airline manufacturing, power plants, and oil and gas production.

In my opinion every country is corrupt and has pliantly of bribery in their governments, businesses, and even households. Bribery in its most basic form is the practice of giving gifts of monetary value to a client or potential customer to persuade their decision. According to Black Law’s Dictionary, bribery is “The offering, giving, receiving, or soliciting of any item of value to influence the actions of an official or other person in charge of a public or legal duty.” This practice constitutes a crime in most developed countries and is highly controversial. As with any controversy, bribery has its advantages as well as problems. Common advantages of bribery include gaining business without needing to have superior quality or services, building

6. Evaluate whether the changes in Exhibits 4 and 5 are likely to stop future foreign corrupt practices at Baker Hughes.

It would be convenient to start this research paper by stating that corruption is a challenge mainly for businesses in developing countries and that it is unrelated to the current affliction of the economy in the United States. It would also be convenient to claim corruption has declined in America as a result of awareness raising campaigns and the numerous anti-corruption laws. But none of those aforementioned statements would be true. Corruption is not the exception, but rather the rule in today’s business practices. In 2004, Daniel Kaufmann, a senior fellow at Brookings Institution and former director at the World Bank, calculated an index of "legally corrupt" manifestations which is defined as the extent of undue influence

Ahmad N. (2002). Corruption and Government Regulations : An Empirical Analysis. The Bangladesh Development Studies , Vol. 28, No. 4 pp. 29-51.

Political corruption is parasitic; it finds a host, and can almost always find a way to survive. Eventually, people grow dependent on this corruption as a means for income, thus forming a symbiosis between the people who benefit from it, and the elites that regulate it. People sometimes ignore the corruption surrounding them, feeling that as long as the politicians do their jobs well, their ‘extra salary’ can’t hurt (BNS).

Corruption is a complex political, social, and economic anomaly that negatively affects developing and developed countries. It weakens democratic institutions, holds economic development, widening the rich-poor gap and certainly leads to governmental instability. The World Bank definition of corruption states that “…the abuse of public office for private gain”.

This does not set a good example for the employees and can be harmful to the future of the company. Ensuring that bribery stops can solve many of the problems discussed above. Some feasible solutions are being recommended to help the company in both short term and long term. First of all, all employees including managers should be given training and education about bribery, corruption and what’s deemed illegal according to the law. Explicit measures should be suggested on how they can avoid supporting corruption and also where they can report to in case a situation where dishonesty is involved arises.