The Foreign Corrupt Practices Act's Consquences for U.S. Trade: The Nigerian Example

A by-product of the Watergate investigations into illegal political contributions and money-laundering was the revelation that American corporations had been making questionable payments to foreign officials to gain business advantages. That discovery was the driving force behind passage of the FCPA...

Ausführliche Beschreibung

Gespeichert in:  
Bibliographische Detailangaben
VerfasserInnen: Geo-Jala, Macleans A. (Verfasst von) ; Mangum, Garth L. (Verfasst von)
Medienart: Elektronisch Aufsatz
Sprache:Englisch
Verfügbarkeit prüfen: HBZ Gateway
Fernleihe:Fernleihe für die Fachinformationsdienste
Veröffentlicht: 2000
In: Journal of business ethics
Jahr: 2000, Band: 24, Heft: 3, Seiten: 245-255
weitere Schlagwörter:B International Trade
B Trade Data
B Democratic Government
B Nigeria
B Foreign Firm
Online-Zugang: Volltext (JSTOR)
Volltext (lizenzpflichtig)

MARC

LEADER 00000naa a22000002c 4500
001 1785613804
003 DE-627
005 20220112043532.0
007 cr uuu---uuuuu
008 220112s2000 xx |||||o 00| ||eng c
024 7 |a 10.1023/A:1006025226862  |2 doi 
035 |a (DE-627)1785613804 
035 |a (DE-599)KXP1785613804 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
084 |a 1  |2 ssgn 
100 1 |a Geo-Jala, Macleans A.  |e VerfasserIn  |4 aut 
245 1 4 |a The Foreign Corrupt Practices Act's Consquences for U.S. Trade: The Nigerian Example 
264 1 |c 2000 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
520 |a A by-product of the Watergate investigations into illegal political contributions and money-laundering was the revelation that American corporations had been making questionable payments to foreign officials to gain business advantages. That discovery was the driving force behind passage of the FCPA in 1977. Many since have complained that the law put American firms at a disadvantage in international trade. This paper assesses the credibility of that claim, as well as exploring the socioeconomic implications of corruption in a world of intensifying international competition. Based on the literature review, examination of international trade data and intensive interviews with foreign firms doing business in Nigeria, the paper reaches the following conclusions:, 1. Enforcement of FCPA has waxed and waned, but there is no evidence that its enforcement has impeded the growth of U.S. trade. In fact, trade with countries previously considered "bribe prone" has out-paced the growth of trade with non-bribe-prone countries, despite FCPA., 2. Those American corporations which, in the past, were guilty of international bribery did so as a short-cut when adherence to time-honored ethics could have accomplished the same or better results., 3. The "Storehouse of Knowledge" maintained by successful firms has been far more influential in promoting exports than any questionable payments they might be tempted to make., 4. In most of the questionable payments investigated, American corporations had indulged in bribery to gain a competitive edge over other U.S. firms rather than foreign ones., 5. Whatever the result, international bribery is inherently wrong for the same reason that domestic bribery is wrong., Despite criticism of it, FCPA has benefitted honest U.S. firms by reducing unfair competition among other American firms which comprise about 80 percent of the world's true multinationals. For multinationals to function in anything other than a transparent manner would be to impede the spread of democratic governments and market economies worldwide. 
601 |a Nigerianer 
650 4 |a Trade Data 
650 4 |a Democratic Government 
650 4 |a Foreign Firm 
650 4 |a Nigeria 
650 4 |a International Trade 
700 1 |a Mangum, Garth L.  |e VerfasserIn  |4 aut 
773 0 8 |i Enthalten in  |t Journal of business ethics  |d Dordrecht : Springer, 1982  |g 24(2000), 3, Seite 245-255  |h Online-Ressource  |w (DE-627)270937129  |w (DE-600)1478688-6  |w (DE-576)121465284  |x 1573-0697  |7 nnas 
773 1 8 |g volume:24  |g year:2000  |g number:3  |g pages:245-255 
856 |3 Volltext  |u http://www.jstor.org/stable/25074282  |x JSTOR 
856 4 0 |u https://doi.org/10.1023/A:1006025226862  |x Resolving-System  |z lizenzpflichtig  |3 Volltext  |7 1 
935 |a mteo 
951 |a AR 
ELC |a 1 
ITA |a 1  |t 1 
LOK |0 000 xxxxxcx a22 zn 4500 
LOK |0 001 4033672672 
LOK |0 003 DE-627 
LOK |0 004 1785613804 
LOK |0 005 20220112043532 
LOK |0 008 220112||||||||||||||||ger||||||| 
LOK |0 035   |a (DE-Tue135)IxTheo#2021-12-30#B3DF0504C481000E5D56426D2E1DD70DDAE63D22 
LOK |0 040   |a DE-Tue135  |c DE-627  |d DE-Tue135 
LOK |0 092   |o n 
LOK |0 852   |a DE-Tue135 
LOK |0 852 1  |9 00 
LOK |0 866   |x JSTOR#http://www.jstor.org/stable/25074282 
LOK |0 935   |a ixzs  |a ixrk  |a zota 
LOK |0 939   |a 12-01-22  |b l01 
ORI |a SA-MARC-ixtheoa001.raw 
STA 0 0 |a Nigeria,Nigeria,Nigeria,Nigeria,Nigeria,Nigeria,Southeastern Nigeria,Southwestern Nigeria,Southern Nigeria,Western Nigeria,Eastern Nigeria,Northern Nigeria 
SYE 0 0 |a Federation of Nigeria,Nigerianische Föderation,Republic of Nigeria,Bundesrepublik Nigeria,Federation of Nigeria,Nigeria,Nigerija,Federal Military Government,Nigeriia,Federal Republic of Nigeria