Author (Corporate) | Organisation for Economic Co-operation and Development (OECD) |
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Publisher | OECD Publishing |
Series Title | Policy Brief |
Series Details | October 2009 |
Publication Date | October 2009 |
Content Type | Journal | Series | Blog, Report |
Bribing public officials to obtain advantages in international business raises serious moral and political concerns, undermines good governance and sustainable economic development, and distorts international competition. For more than a decade, the OECD has played a leading role in the battle against bribery and corruption in international business. The OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (“the Convention”) requires its signatory countries to make it a crime to bribe a foreign public official in exchange for obtaining, or retaining, international business. Focusing on the “supply side” of bribery – the person or entity who offers, promises or gives a bribe – the Convention helps to build a stronger alliance among governments, businesses and citizens working towards transparent and honest business transactions. |
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Source Link | Link to Main Source http://www.oecd.org/dataoecd/54/2/43866715.pdf |
Related Links |
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Countries / Regions | Europe |