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Summary of Articles on Bribery in International Business

   

Added on  2023-01-18

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Running Head: SUMMARY OF THE ARTICLES IN REGARD TO BRIBERY
Summary of the articles in regard to bribery
Nam of the Student
Name of the University
Author’s Note

SUMMARY OF THE ARTICLES IN REGARD TO BRIBERY
Scenario: How to avoid bribery in international business? Or how companies doing
business overseas reduce the risk of corrupt practice?
Article 1:
According to the author Cuervo-Cazurra et al., (2016), bribery act can be eliminated by
making the use of training session that will be carried out with the primary motive of imparting
knowledge and awareness regarding the corporate ethics. Bribery within the corporate sector has
been introduced because of the individual needs that get stimulated within the corporate
boundaries. Hence, there is a requirement for the managers and the top hierarchy officials to
undertake a measure to understand the individual needs of the employees and introduce fringe
benefits to deal with such instances.
Moreover, in the international market one can eliminate the act of bribery by employing a
strict employee, strict in terms of the ethics and personality as such that any individual working
under the guidance of such a manager, has fear to carry on any illegal activity. Corruption is
correlated with high power distance, masculinity and uncertainty avoidance. Cultures with strong
hierarchy and fatalism are positively correlated with corruption whereas egalitarian cultures
correlate with lower corruption & established whistle – blower processes.
It is observed very frequently that the business firm carrying on its business activities
within the geographical boundary of another area make them more aware in regard to the
corporate rules and regulations of that specific country. It is the reputation and the goodwill that
the firm is mostly fear of losing it. On the other hand, this fear is introduced because of the
number of competition that exists within the market because of the presence of a number of rival
business units (Manacorda et al., 2014).

SUMMARY OF THE ARTICLES IN REGARD TO BRIBERY
Furthermore, exercising activities within the geographical boundary of another country
creates the local body to keep track of the movement of the concerning business firm, such that
the business firm will think thrice a time to carry on illegal activity. Besides, strict laws that
prevail within a particular region of the economy is another reason for the elimination of any
illegal activity.
Article 2:
According to the author Hess et al., (2014), there is an immense need to introduce the
specific group of employees with that of the group of employees such that it helps in
understanding the level of cultural differences that exist among the parties. Communication is
one of the important criteria that is required to be present within the group. This differences in
the cultural and social traits help in eliminating the key gaps that exist within them. One a
particular peer group is interacting with that of the peer group. This develops a feel of sense
within an individual where he/she stands. This gives an individual an opportunity to develop the
inner qualities in order to eliminate the negative aspects that rely on him/her.
On the other hand, in the international market, there exists a focus group that on a real-
time basis keeps on monitoring the activities of the individual and that of the peer groups. This
focus group is one of the key contributors in understanding the quality gaps and makes an
estimation I regard to an individual subject such that in the near future there is a chance for the
occurrence of illegal activity by this specific subject (Pohlmann et al., 2016).
On the other hand, within an international market context, there is a huge hunger for growth
opportunities among the individual subject such that majority of the individual employees along
with that of the top hierarchy contributes towards the growth perspective. Those who aim to

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