Foreign Corrupt Practices Act
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This paper discusses the Foreign Corrupt Practices Act (FCPA), identifying the rationale behind it, what it prohibits, how it impacts business, the penalties for violating it, and who enforces it. The paper also has an example from the Titan case.
From the Paper:"The Foreign Corrupt Practices Act of the FCPA was implemented as a result of U.S. Securities and Exchange Commission investigations. The investigation resulted in the admission by U.S. companies that they had made questionable or illegal payments totaling more than millions to foreign government officials, politicians and political parties. These abuses ranged from bribing high foreign officials to induce them to take some kind of favorable action on the part..."
Cite this Term Paper:
Foreign Corrupt Practices Act (2008, December 01) Retrieved September 23, 2020, from https://www.academon.com/term-paper/foreign-corrupt-practices-act-120909/
"Foreign Corrupt Practices Act" 01 December 2008. Web. 23 September. 2020. <https://www.academon.com/term-paper/foreign-corrupt-practices-act-120909/>