US-headquartered MNC’s are subject to behavior and ethical practices conforming to the US Foreign Corrupt Practices Act (FCPA). The UK has enacted a similar Law entitled the UK Bribery Act, which also can have implications on U.S. MNC’s doing business in the UK.
1. Research and cite RECENT corruption/bribery stories in the news (include references) where U.S. corporations have been charged with violations of the FCPA.
2. Research the UK Bribery Act and explain how it is different from the US FCPA and why it may affect the way U.S. corporations may view doing business in the UK or other parts of the world.
3. Finally discuss how you, as CEO of a 2,500 person firm with outpost offices in seven different foreign countries, would make sure that all 2,500 employees understand the US FCPA and the ethical behavior you expect from your employees.
