The price of international business morality: Twenty years under the foreign corrupt practices act [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 26 (3):213 - 222 (2000)
Last year marked the 20th anniversary of the Foreign Corrupt Practices Act (FCPA) of 1977. The FCPA is the first and only statute prohibiting bribery and other corrupt business practices by U.S. citizens and companies conducting business overseas. This paper provides an overview of the FCPA during the two decades of its existence. More specifically, the objectives of this paper are four-fold. First, the paper provides background information about the FCPA of 1977 and subsequent amendments in 1988. Second, the paper discusses the enforcement of the FCPA since its passage by examining the number of cases prosecuted under the FCPA and the respective penalties imposed. Third, the paper discusses the economic impact of the FCPA by addressing whether the FCPA places U.S. firms at a competitive disadvantage. Fourth, the paper provides public policy recommendations to expand the reach and scope of the FCPA. It covers efforts to criminalize bribery through multilateral organizations, such as the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO), and the Organization of American States (OAS). It also covers bilateral arrangements and efforts by non-governmental organizations such as Transparency International.
|Keywords||Philosophy Ethics Business Education Economic Growth Management|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Jeff Everett, Dean Neu & Abu Shiraz Rahaman (2006). The Global Fight Against Corruption: A Foucaultian, Virtues-Ethics Framing. [REVIEW] Journal of Business Ethics 65 (1):1 - 12.
Donelson R. Forsyth, Ernest H. O’Boyle & Michael A. McDaniel (2008). East Meets West: A Meta-Analytic Investigation of Cultural Variations in Idealism and Relativism. [REVIEW] Journal of Business Ethics 83 (4):813 - 833.
Q. Miao, A. Newman, J. Yu & L. Xu (2013). The Relationship Between Ethical Leadership and Unethical Pro-Organizational Behavior: Linear or Curvilinear Effects? [REVIEW] Journal of Business Ethics 116 (3):641-653.
Donelson R. Forsyth, Ernest H. O'Boyle Jr & Michael A. McDaniel (2008). East Meets West: A Meta-Analytic Investigation of Cultural Variations in Idealism and Relativism. Journal of Business Ethics 83 (4):813-833.
Christopher Baughn, Nancy L. Bodie, Mark A. Buchanan & Michael B. Bixby (2010). Bribery in International Business Transactions. Journal of Business Ethics 92 (1):15 - 32.
Similar books and articles
Parker English (1989). Bribery and the United States Foreign Corrupt Practices Act. International Journal of Applied Philosophy 4 (4):13-23.
Carl Pacini, Judyth A. Swingen & Hudson Rogers (2002). The Role of the OECD and EU Conventions in Combating Bribery of Foreign Public Officials. Journal of Business Ethics 37 (4):385 - 405.
Justin G. Longenecker, Joseph A. McKinney & Carlos W. Moore (1988). The Ethical Issue of International Bribery: A Study of Attitudes Among U.S. Business Professionals. [REVIEW] Journal of Business Ethics 7 (5):341 - 346.
Bill Shaw (1988). Foreign Corrupt Practices Act: A Legal and Moral Analysis. [REVIEW] Journal of Business Ethics 7 (10):789 - 795.
Margot Cleveland, Christopher M. Favo, Thomas J. Frecka & Charles L. Owens (2009). Trends in the International Fight Against Bribery and Corruption. Journal of Business Ethics 90:199-244.
Masako N. Darrough (2010). The Fcpa and the Oecd Convention: Some Lessons From the U.S. Experience. [REVIEW] Journal of Business Ethics 93 (2):255 - 276.
Miriam F. Weismann (2009). The Foreign Corrupt Practices Act: The Failure of the Self-Regulatory Model of Corporate Governance in the Global Business Environment. [REVIEW] Journal of Business Ethics 88 (4):615 - 661.
Aaron G. Murphy (2011). Foreign Corrupt Practices Act: A Practical Resource for Managers and Executives. Wiley.
Macleans A. Geo-Jala & Garth L. Mangum (2000). The Foreign Corrupt Practices Act's Consquences for U.S. Trade: The Nigerian Example. [REVIEW] Journal of Business Ethics 24 (3):245 - 255.
Added to index2009-01-28
Total downloads21 ( #174,118 of 1,793,190 )
Recent downloads (6 months)1 ( #463,804 of 1,793,190 )
How can I increase my downloads?