US Businesses Code Of Ethics As An Instrument To Comply With The Foreign Corrupt Practices Act

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Paulina Diosdado De La Pena
West Virginia University

Presha Neidermeyer
West Virginia University

Keywords

Bribery, Code of Ethics, Foreign Corrupt Practices Act, Fraud

Abstract

The Foreign Corruption Practices Act (FCPA) makes illegal bribing foreign officials by any US issuer, domestic concern, any type of organization with major place of business in the US and any US citizens. This paper will focus on the extent to which the FCPA is included in the Code of Ethics of Fortune 500 companies as a method of showing the importance of compliance with the Act. The following sections analyze the scope and limitations of this Act, the official compliance mechanisms and internal policies and training developed by five Fortune 500 companies in order to abide by the FCPA.

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Published
Dec 1, 2009
DOI https://doi.org/10.19030/iber.v8i12.3198

Article Details

How to Cite
De La Pena, P. D., & Neidermeyer, P. (2009). US Businesses Code Of Ethics As An Instrument To Comply With The Foreign Corrupt Practices Act. International Business & Economics Research Journal (IBER), 8(12). https://doi.org/10.19030/iber.v8i12.3198
Issue
Vol. 8 No. 12 (2009)
Section
Articles