New global survey highlights bribery and corruption in businesses

While progress has been made, improvements to companies' anti-bribery and corruption strategies are still needed, according to the 2018 Global White Collar Crime Survey, which has been launched by The University of Manchester ...

Greased palm psychology: Collectivism and bribery

(PhysOrg.com) -- Bribery is condemned in most cultures; but it is more common in some countries than in others. Is poverty, political instability, or lax regulation to blame? A new study published in an upcoming issue of ...

Understanding what determines the benefits of bribery

Researchers in Hong Kong and the UK have found that a $1 investment in bribery returns $6–9 in terms of company value, with more money paid to an authority resulting in greater benefits. However, those benefits decrease ...

Bribery 'hits 1.6 billion people a year'

A total of 1.6 billion people worldwide – nearly a quarter of the global population – are forced to pay bribes to gain access to everyday public services, according to a new book by academics at the Universities of Birmingham ...

China's Alibaba says zero tolerance on graft

Top Chinese e-commerce operator Alibaba said Friday it would not tolerate corruption, after a senior manager was detained on suspicion of taking bribes in the latest graft scandal to hit the company.

page 1 from 2

Bribery

Bribery, a form of corruption, is an act implying money or gift giving that alters the behavior of the recipient. Bribery constitutes a crime and is defined by Black's Law Dictionary as the offering, giving, receiving, or soliciting of any item of value to influence the actions of an official or other person in charge of a public or legal duty.

The bribe is the gift bestowed to influence the recipient's conduct. It may be any money, good, right in action, property, preferment, privilege, emolument, object of value, advantage, or merely a promise or undertaking to induce or influence the action, vote, or influence of a person in an official or public capacity.

This text uses material from Wikipedia, licensed under CC BY-SA