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 ...

Maintaining high status can spur bribery

Understanding what causes and predicates the bribery of government officials by high-level corporate executives has always been tricky. Self-reporting, even on anonymous surveys, is unreliable and data hard to come by.

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 state media raises pressure on Britain's GSK

Chinese state media increased the pressure on British pharmaceutical giant GlaxoSmithKline (GSK) over a bribery investigation Tuesday, accusing the firm of being responsible rather than individual employees.

Report: Bribery probe targets Microsoft partners (Update)

Microsoft is entangled in a U.S. government investigation into whether the software maker and some of its business partners resorted to bribery to close deals in China, Romania and Italy, according to a report published Tuesday.

Ecuadoran villagers drag Chevron to Canadian court

A 19-year court battle that resulted in a staggering US$18.3-billion judgment from an Ecuadoran court against Chevron last year moved to Canada on Thursday as the plaintiffs seek to collect.

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.

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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.

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