Most companies incorporated in a developed country can be held liable for bribery abroad. This makes sense, otherwise ill-motivated investors could drive up supply and foreign countries, crowed out honest ones, and also heat-up an anti-investor sentiment, which is bad for a globalized economy. Slovakia is a different case: Slovak companies bribing Czech, Hungarian, Polish or other foreign nationals cannot be prosecuted in at home. The OECD sharply criticizes Slovakia for not adopting its anti-bribery convention.
2/15/2010
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