The Foreign Corrupt Practices Act, known as
F.C.P.A., “forbids American companies from making illegal payments to
government officials or others to ease the way for operations in foreign
countries.”[1] The practical difficulty facing
American companies doing business around the world is that in some cultures
bribes are so ubiquitous they are simply a part of doing business. For American companies to refuse to
participate in what is generally expected can be a competitive disadvantage,
particularly if substitutes exist and the practice is widespread.
The full essay is in Cases of Unethical Business: A Malignant Mentality of Mendacity, available in print and as an ebook at Amazon.
1. Edward Wyatt, Michael Cieply, and Brooks Barnes,
“S.E.C. Asks if Hollywood Paid Bribes in China,” The New York Times, April 25, 2012.
