Rising Risks and Uncertainties for U.S. Firms' Gifts, Travel and Entertainment Expenses for Marketing in Foreign Countries: The Implications of Increased Foreign Corrupt Practices Act Enforcement (Report)
Journal of Legal, Ethical and Regulatory Issues 2011, July, 14, 2
-
- 2,99 €
-
- 2,99 €
Publisher Description
INTRODUCTION As U.S. firms expand their presence in foreign markets, they need to account for the risks of inadvertently incurring legal liability under the Foreign Corrupt Practices Act ["FCPA" or the "Act"] that results from the use of gifts, travel and entertainment as part of their promotional efforts. What would otherwise be routine marketing and promotion activities aimed at wooing private sector domestic customers present a legal minefield for American businesses attempting to obtain business from foreign companies that have an element of government ownership or control, whether outright or because a manager also has a position in the host country government or political party.
More Books by Ethical and Regulatory Issues Journal of Legal
Student Assessments of Information Systems Related Ethical Situations: Do Gender and Class Level Matter?(Survey)
2011
Examining the Individualism/Collectivism Question in an International Academic Environment.
2003
The Best of Both Worlds: Do Below Market Leases Or Sales After Eminent Domain Create a Taxable Accession to Wealth?
2010
Continuing Ethics Education Is Critical to Improving Professional Conduct of Auditors (Manuscripts)
2005
The Worker Adjustment and Retraining Notification Act: Policy and Practice Issues for Employers.
2006
In the Beginning: Ethical Perspectives of Business and Non-Business College Freshmen.
2009