Managerial approaches to deal with corruption and bribery in a host country
Roy, Achinto 2010, Managerial approaches to deal with corruption and bribery in a host country, International journal of business and globalisation, vol. 5, no. 3, pp. 260-272.
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Managerial approaches to deal with corruption and bribery in a host country
This paper discusses two current managerial approaches in dealing with corruption and bribery in a multinational business context, namely the 'when in Rome approach' and 'the legal compliance approach'. It briefly revisits the impact of corruption on business and society and proposes a third approach, that is, 'stakeholder compliance approach' on part of multinational business managers in dealing with corruption/bribery.