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Movement Towards International Anticorruption Standards?

Is the time ripe for a common international anticorruption standard? At a recent World Bank panel discussion regarding “Corruption and PPPs: Challenges and Solutions,” all four panelists – including leaders from the World Bank Group and major international companies – expressed support for such standards. Some proposed precedents that could serve as models. If there […]

Author: Matthew Fowler

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FCPA Enforcement’s Surprising Effect on Foreign SOEs, and Why It Matters

Robust FCPA enforcement over the last several years has had some obvious effects. Chief among then, it has caused companies to invest considerable attention and resources in anti-corruption compliance. It has inspired other countries to follow suit, enacting their own anti-corruption laws and enforcement programs. It has helped fuel the proliferation of treaties aimed at […]

Author: Matteson Ellis

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Lessons from “The Mensalão”: Brazil’s Largest-Ever Corruption Trial

Right now, Brazil is in the middle of its largest corruption trial in its history. The proceeding is being called the “Mensalão,” meaning “the big monthly payment.” Thirty-eight individuals, including current and former government officials, have been accused of paying or accepting monthly bribes, money laundering, conspiracy, fraudulent management of finance institutions, and other related […]

Author: Matteson Ellis

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What Wal-Mart Should Have Done

Since the Wal-Mart bribery story broke, several commentators have argued that companies like Wal-Mart, if they want to stay competitive in countries like Mexico, have no choice but to bribe. To them, the FCPA’s purpose is “strictly moral.” These arguments rest on notions of cultural relativism and the fact that the law disadvantages U.S. companies: […]

Author: Matteson Ellis

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A Five-Part Answer to the Question “Isn’t the FCPA Bad for U.S. Business?”

This weekend I attended a bachelor party near Yuma, Arizona. We canoed 40 miles down the Colorado River, the section of the river south of the Grand Canyon that separates California from Arizona. The group consisted of several young guys working in a variety of industries. One was back from two tours in Iraq. We […]

Author: Matteson Ellis

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