1. World problems
  2. Bribery by transnational enterprises

Bribery by transnational enterprises

Nature

The business world is particularly active in promoting corrupt practices among politicians and higher officials.

Incidence

Developed country business interests competing for markets in developing countries or embarking on direct investments in industrial enterprises there (either independently or in joint ventures with indigenous firms or governments), make use of bribery of higher officials and politicians in order to facilitate a business deal. It is often necessary to bribe both high and low officials in order to run the enterprises without any obstacles. Some transnational firms are abetted by their own headquarters' country governments in covertly or corruptly influencing local authorities. Multinationals may also bribe their own consulate officials to engage in unethical behaviour to further their business interests.

Broader

Business bribery
Presentable

Aggravates

Corruption
Excellent

Value

Bribery
Yet to rate

SDG

Sustainable Development Goal #8: Decent Work and Economic Growth

Metadata

Database
World problems
Type
(E) Emanations of other problems
Subject
  • Commerce » Multinationals
  • Societal problems » Corruption
  • Content quality
    Presentable
     Presentable
    Language
    English
    Last update
    Nov 4, 2022