INTRODUCTION In the 1970's, the U.S. press and governmental officials disclosed a number of business scandals involving large payments by U.S. corporations to officials of foreign governments for the purpose of securing lucrative business contracts. Sometimes the senior management of U.S. based multinational corporations were not aware that lower level managers of their subsidiaries in foreign countries were making payments. Often these payments were not considered illegal or unethical and in some countries payments were given favorable tax treatments.
Advertisement
Get insights into your website traffic, analyze your website's audience, and optimize your website for better results with Website Statistic.
