User:Stortiserg/sandbox

Source: Wikipedia, the free encyclopedia.

Article Evaluation

I reviewed a wikipedia page titled "Chief compliance officer"[1] as I venture into the world of editing. The article was short but it contained enough information to satisfy my thirst for knowledge in the subject.

The article is completely neutral, it never gave me the essence that the author was taking me toward a specific opinion, it gave the reader (me in this occasion) sufficient knowledge of the topic from a neutral perspective.

Plan to create a new article

I plan to create an article about bribery in business. There is a wikipedia page about bribery that i reviewed named "bribery"[2], but not entirely focused on bribery in business specifically. So I plan to create an article that will include basic information about bribery and how this unethical behavior is so infamous in the business world. I already have several articles as references that will provide the information needed to create this article.

Bribery in business

Bribery is defined as the

legal duty[3]. Bribes are always used to impact or change the actions of several people and are ted up with political and public corruption. Bribery is the offer or acceptance of anything of value in exchange for influence on a government/public official or employee of any position within a company. Generally, bribes can take the form of presents or payments of money in exchange for favorable treatment, such as awards of government contracts or a promotion within a company. Other forms of bribes may include property, various goods, privileges, services and favors.[4]

Bribery in the U.S

Until a

anti-bribery enforcement has been transformed since the early 2000s, when NGOs started to raise a stink and America stepped up use of its Foreign Corrupt Practices Act (FCPA).[5] America though, remains as one of the toughest enforcers agains bribery in the world. "The General Federal Bribery Statute punishes the offense of bribery in the U.S.  According to 18 USCS prec § 201(b), whoever directly or indirectly, corruptly gives, offers or promises anything of value to any public official with intent to influence that person’s official act will be fined for the offense of bribery. The punishment prescribed by the statue is a fine of an amount not more than three times the monetary equivalent of the thing of value, or imprisonment for not more than fifteen years, or both."[6]
However there are ways bribes can be difficult to prosecute and some that are considered legal but unethical. As of today, The General Federal Bribery Statute does not prohibit the payment or receipt of witness fees provided by law which includes payment to experts for giving testimony in courts.

Commercial bribery

Commercial bribery is the giving or offering to give, directly or indirectly, anything of value to any private agent, employee, or fiduciary, without the knowledge and consent of the principal or employer, with the intent to influence such agent’s, employee’s, or fiduciary’s action in relation to the principal’s or employer’s affairs. Commercial bribery is one of the most common types of bribery experienced in the U.S. Anti commercial briberies laws are applicable oversees as well. The Travel Act provides that whoever travels in interstate or foreign commerce or uses any facility in interstate or foreign commerce with the intent to promote, establish, carry on, or facilitate the promotion, establishment, or carrying on of any unlawful activity and thereafter performs or attempts to perform any unlawful activity shall be guilty of a crime (18 USCS prec § 201).

  1. ^ "Chief compliance officer". Wikipedia. 2018-03-30.
  2. ^ "Bribery". Wikipedia. 2018-04-16.
  3. ^ "What is BRIBERY? definition of BRIBERY (Black's Law Dictionary)". The Law Dictionary. 2011-11-04. Retrieved 2018-04-18.
  4. ^ "Bribery - FindLaw". Findlaw. Retrieved 2018-04-18.
  5. ^ "The anti-bribery business". The Economist. Retrieved 2018-04-18.
  6. ^ Inc., US Legal,. "Federal Laws On Bribery – Bribery". bribery.uslegal.com. Retrieved 2018-04-18. {{cite web}}: |last= has generic name (help)CS1 maint: extra punctuation (link) CS1 maint: multiple names: authors list (link)