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- 01 Mar 2004
- News
Ex-Con Talks Ethics with HBS Students
80240ad2c5f43acc66f13dc5e89928ff There’s not much room for theory when Patrick Kuhse talks about business ethics. A successful stockbroker and entrepreneur, Kuhse became an international fugitive after being charged in 1994 with 32 counts of conspiracy, money...
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- 01 Feb 2001
- News
Q&A - Dirty Money: Raymond Baker Explores the Free Market's Demimonde
solutions that you would recommend? In 1977, the United States passed the Foreign Corrupt Practices Act (FCPA), which made it illegal to bribe a foreign government official. Two decades later, the Europeans passed similar laws. I'd like...
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- 01 Sep 2014
- News
Afghanistan’s Hope and Light
country in the world. From the beginning, and in line with AKDN’s overarching principle of conducting ethical business practices, however, Khoja drew a hard line against making or receiving bribes of any kind, despite the fact that most...
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Julia Hanna
- 01 Jun 2007
- News
KPMG for Mayor!
villages, store owners paint Coca-Cola signs on the sides of their tin shacks. These signs are not sanctioned or paid for by the company. They are seen by locals as a sign of credibility. Companies and nonprofits have stronger incentives than do individuals to steer...
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- 30 Apr 2012
- Research & Ideas
India’s Ambitious National Identification Program
have no identifying documents at all, and yet multiple documents are required to access government services, such as ration cards for subsidized food. Indians without the necessary documents are often denied services or resort to bribing...
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by Dina Gerdeman
- 09 Jul 2013
- Research & Ideas
Catching Up With Boards--Jay Lorsch
includes both stockholders and stakeholders]. It should, and can, rest on valid assumptions and fundamental values that allow us to build a more inclusive and sustainable economic future—one in which we don't have to bribe executives to...
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by Jim Aisner
- 06 May 2014
- First Look
First Look: May 6
GlaxoSmithKline employees were accused of bribing Chinese health care workers to prescribe the company's drugs. The accusations brought to light the questionable incentive structures of the Chinese health care system and the pressure on...
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Sean Silverthorne
- 01 Jun 2010
- News
$how Me the Money
Structure How should companies behave in such an environment? Clearly, refusing to pay or receive bribes and acting according to high ethical standards is the best course of action. But operating in the real world is a complicated matter,...
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- 25 Apr 2000
- Research & Ideas
Adjusting the Fit for Government
help in various studies of corruption. The private sector has not always been keen to "rock the boat," she said, adding that the OECD has adopted a convention that makes it a criminal offense for a corporation to bribe a public...
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by Martha Lagace
- 03 Sep 2009
- What Do You Think?
Are Retention Bonuses Worth the Investment?
a tool . The problem is not the tool, but the user if the company were better run, you wouldn't need to bribe people to stay (but) there are times when the retention bonus is appropriate, such as when a company is for sale ." Rajat...
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by Jim Heskett
- 24 Jul 2012
- First Look
First Look: July 24
and bribe others in order to receive special services in the future. Indeed, in a pair of follow-up survey studies, we find evidence that the link between tipping and bribery can be partly accounted for by prospective orientation. ...
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Sean Silverthorne
- 14 Jan 2015
- Research & Ideas
Thriving in the Turbulence of Emerging Markets
you cannot keep animosity in your mind because of actions beyond your control." Like Bajaj, Chandaria resolutely refused to bribe his way out of obstacles. "If we can't do something in the simplest and the most straightforward manner,...
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- 17 Apr 2006
- Research & Ideas
Resisting the Seductions of Success
Wolfgang Pauli once derided a colleague's idea by saying that it wasn't even wrong. Similarly, Tony's previous life was neither good nor bad. It was submoral because it was on autopilot. The bribe is wrong, of course, but by taking it...
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- 01 Sep 2007
- News
Riding It Out
is beginning to understand the importance of the issue,” says Gisholt. The country’s former head of the State Food and Drug Administration, Zheng Xiaoyu, was executed for corruption in early July. He was convicted of taking approximately $850,000 in View Details
- 30 Jul 2013
- First Look
First Look: July 30
short-seller report alleging that Evergrande, one of China's largest property developers, was using fraudulent accounting and paying bribes to secure business. Evergrande's stock plummeted, and Value Partners, which had a sizable holding...
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Anna Secino
- 14 Jan 2014
- First Look
First Look: January 14
"educate Indians"-a suspected euphemism for bribery. Opposition political parties accused Wal-Mart of bribing the Indian government, which, on the eve of a general election, appointed a judicial commission to investigate...
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Sean Silverthorne
- 26 Feb 2008
- First Look
First Look: February 26, 2008
wealth is observed, the effect of higher wealth on equilibrium bribes is ambiguous (and that the political class will exhibit lower variance in consumption than the general population). In settings where formal contracts matter, we show...
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Martha Lagace