Bribery: Not Only Wrong, But Costly Too?

Weber, James
August 2007
Academy of Management Perspectives;Aug2007, Vol. 21 Issue 3, p86
Academic Journal
This article discusses bribery, its ethical implications, and how certain parts of the world consider it a necessary tool for doing business. While most concerns about bribery encompass its ethical ramifications, many experts wonder if it comes with economic consequences and costs. A study tackled the question of whether a company's willingness to use bribery in business affected its economic growth. Additional factors to consider when employing bribery as a business tactic are the degree of the consequences exerted by the payments, as well as government authorized taxation on a firm's economic growth.


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