The Corruption Crackdown: Companies are Increasingly Taking a Zero-Tolerance Approach to Bribery As the Cost of Walking Away from a Contract Pales Into Insignificance Relative to the Penalties for Wrongdoing (Ethics)

The Corruption Crackdown: Companies are Increasingly Taking a Zero-Tolerance Approach to Bribery As the Cost of Walking Away from a Contract Pales Into Insignificance Relative to the Penalties for Wrongdoing (Ethics)

The Corruption Crackdown: Companies are Increasingly Taking a Zero-Tolerance Approach to Bribery As the Cost of Walking Away from a Contract Pales Into Insignificance Relative to the Penalties for Wrongdoing (Ethics‪)‬

Financial Management (UK) 2011, April

Financial Management (UK)

- 2,99 €

- 2,99 €

Austrian Peter Loscher, the first non-German to head engineering giant Siemens, is one of a new breed of chief executives behind a worldwide crackdown on bribery and corruption. Loscher took over when the previous board quit in the wake of a scandal that cost the company [euro]2.5bn in fines and fees. Since then, he has transformed the way it tackles bribery and corruption. He has provided fresh leadership and set out new anti-corruption regulations, while the compliance team has grown from 170 to nearly 600 to ensure the company's rules are adhered to.

GENRE

Business und Finanzen

ERSCHIENEN

2011

1. April

SPRACHE

EN

Englisch

UMFANG

7

Seiten

VERLAG

Chartered Institute of Management Accountants (CIMA)

ANBIETERINFO

The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.

GRÖSSE

77,8

kB

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Emerging Fraud

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Corruption and Business Uncertainty in Indonesia.

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