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- 29 Mar 2022
- Book
5 Qualities That Help Companies Thrive for Decades—Even Centuries
approaches to combatting corruption, ranging from flatly refusing to pay bribes to looking for other ways to challenge the practice. Some companies decide to do less business inside India—or they conduct business in India only in sectors... View Details
Keywords: by Sean Silverthorne
- 18 Nov 2002
- Research & Ideas
Where Morals and Profits Meet: The Corporate Value Shift
The overseas payments scandal was another contributor to the malaise. More than 400 major U.S. companies had admitted to making illegal campaign contributions and bribing public officials to win business overseas. Given the field's... View Details
Keywords: by Carla Tishler
- 17 Jan 2023
- Book
Good Companies Commit Crimes, But Great Leaders Can Prevent Them
Tsao, both of whom held senior positions in the US Department of Justice’s criminal division and now are Harvard Law School lecturers. It explores the topics through cases such as Wells Fargo’s creation of thousands of fake accounts, and the View Details
Keywords: by Lane Lambert
- 28 May 2019
- Research & Ideas
Investor Lawsuits Against Auditors Are Falling, and That's Bad News for Capital Markets
You need checks and balances. The trust we have in our system—we shouldn’t weaken it. That actually will end up hurting us. About the Author Martha Lagace is a writer based in the Boston area. [Image: guvendemir] Related Reading: What Are the Real Lessons of the Wells... View Details
- 03 Dec 2012
- HBS Case
HBS Cases: Against the Grain
developing countries, are often meager. Some, like police officers, it can be argued, require additional income just to ensure a basic standard of living. On the supply side, corruption prevails because people find themselves paying View Details
- 27 Mar 2005
- Research & Ideas
Should I Pay the Bribe?
late taxes. They have been given one week to pay. Zhuk himself was involved in paying bribes to expedite the establishment of phone lines for their business, shortening the process to a few weeks instead of years, and has even admitted he... View Details
Keywords: by Cynthia D. Churchwell
- 08 May 2006
- Research & Ideas
The Cost of Cutting in Line
No one likes to waste time standing in line. So why don't more people try to bribe their way to the front? Should companies allow some customers to move to the front of the line for a hefty fee? Is there a market for time? Felix... View Details
Keywords: by Sean Silverthorne
- 14 Aug 2012
- First Look
First Look: August 14
interested in licensing Keurig's technology. The negotiation will determine the royalty to be paid to Keurig by GMCR, which will bear capital expenditures, and whether GMCR secures exclusive distribution rights to Keurig's system. Purchase this... View Details
Keywords: Sean Silverthorne
- 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. ... View Details
Keywords: Sean Silverthorne
- 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... View Details
Keywords: by Jim Heskett
- 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... View Details
Keywords: 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... View Details
Keywords: 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... View Details
Keywords: Sean Silverthorne
- 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... View Details
Keywords: by Martha Lagace
- 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... View Details
- 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... View Details
Keywords: 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,... 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... View Details
Keywords: Anna Secino
- 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... View Details
Keywords: Martha Lagace