Ethical Responsibility Symposium: Presentation on Bribery Prevention

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Added on  2023/06/18

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This presentation addresses the critical issue of bribery and corruption within organizations, particularly in light of a case study involving E Ltd's alleged criminal liability for bribery. It outlines the steps needed for organizations to proactively address future allegations. The presentation details the planning and execution of a symposium focused on ethical responsibility, including budget considerations, speaker selection, and logistical arrangements. Furthermore, it emphasizes practical strategies for reducing bribery risks, such as updating anti-bribery policies, fostering an anti-bribery culture, carefully managing gifts and hospitality, conducting due diligence with third parties, and recognizing potential red flags. Special attention is given to the precautions needed when dealing with foreign public officials. The presentation concludes by highlighting key references used in its preparation.
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BOARD ROOM
PRESENTATION
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TABLE OF CONTENT
INTRODUCTION
ARRANGING BEFORE COVID PANDEMIC ORGANIZATIONAL SYMPOSIUM
WAYS OF REDUCING RISK OF BRIBERY AND CORRUPTION
CONCLUSION
REFERENCES
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INTRODUCTION
Bribery offences are to the offering, giving and agreeing to share
something in order to gain advantage by using the position.
In this case study E Ltd has been accused of criminally liable for
bribery.
This project shows steps needed to be taken for consideration of
organizations future allegations against bribery.
Symposium is an organization of a meeting which will address a
certain topic.
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ARRANGING BEFORE COVID PANDEMIC ORGANIZATIONAL
SYMPOSIUM
The first step of making a local symposium would be to decide a symposium
topic.
The topic for this symposium is ethical responsibility.
The name of symposium would be Ethical Responsibility
Budget of the symposium would be £7000.
There will be need for additional sponsors that will help the company bear
the expenses with their personal interest.
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CONTINUE..
I will be the major speaker along with few other employees.
The interns and new joining in the company will be given chances to share their
views on the topic.
Date and time of the symposium would be 19/09/2019 at 11am in the morning.
For understanding the ethical responsibility in a better way local references would
be taken.
For the symposium to be successful it needs to be organized properly for which an
event organization has been hired.
In order to make sure that everyone going to do as planned prior practice sessions
are going to be organized.
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WAYS OF REDUCING RISK OF BRIBERY AND CORRUPTION
Updating the anti-bribery and anti-corruption policies of the company.
Development of the anti-bribery culture in the organization.
Ensuring that the gifts received or giver are meeting the discussed criteria's,
1. Should have legitimate business purpose.
2. It should be proportionate.
3. It should be transparent and not hidden from the company.
Conducting of diligence with all the third parties, explains their the anti-
bribery laws.
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CONTINUE..
Watching out for the red flags that be the cause of unintentional acts.
The deliberate non compliance actions would be,
1. Abnormally high fees or commission
2. Keeping no records
3. Requesting of advance payment in cash.
4. Operating in countries with high corruption.
While dealing with the foreign public officials extra precautions are needed
to be taken.
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REFERENCES
Chamot, Zhao, and et.al., 2018, February. Bridging the gap between deep
learning and sparse matrix format selection. In Proceedings of the 23rd ACM
SIGPLAN symposium on principles and practice of parallel programming
(pp. 94-108).
Crosby, L.E., and et.al., 2020. The Teen Symposium: Engaging adolescents
and young adults with sickle cell disease in clinical care and research.
Clinical Practice in Pediatric Psychology. 8(2). p.139.
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