Open AccessCorruption and Improper Payments: Global Trends and Applicable Laws
Author(s) -
Timothy A. Martin
Publication year - 1998
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr643
Subject(s) - language change , payment , criminalization , law , subject (documents) , political science , compliance (psychology) , business , law and economics , economics , finance , art , social psychology , psychology , literature , library science , computer science
This article reviews recent changes in the law relating to bribes and other improper payments made in the course of conducting business in foreign countries. The author points to an emerging trend toward greater criminalization of such payments, and summarizes relevant Canadian and American law on the subject. The impact of multilateral agreements and international organizations is examined. The author also reviews laws against corruption and improper payments in Yemen, Libya, Nigeria, Kazakstan, Colombia, Venezuela, Indonesia and Vietnam. In conclusion, the reader is presented with recommendations for achieving compliance with Canadian and American laws, as well as with those of specific host countries.