BNET Business Dictionary
Business Definition for: Bribery
- the act of persuading somebody to exercise his or her business judgment in your favor by offering cash or a gift and thereby gaining an unfair advantage. Many organizations have codes of conduct that expressly forbid the soliciting or payment of bribes.
Wiktionary Definition for: Bribery
- #the making of illegal payment, or bribes, to persons in official positions as a means of influencing their decisions
Additional Resources
- IBM Korea Execs Fired in Bribery Scheme
- IBM fired three of its IBM South Korea execs after the three were indicted in a Korean bribery scandal, according to the Wall Street Journal. The bribery scheme also involved 45 other individuals and companies. It's not clear yet who the execs bribed, butIBM fired three of its IBM South...
- Research articles 2004-01-01
- Beware of Big U.S. Crackdown on Foreign Bribery
-  It hasn't been getting much attention, but a large-scale government crackdown on foreign bribery and corruption on on against U.S. companies. Over the 18 months ending last June, more than 100 U.S. companies have come forward with evidence of violations of the 1977 Foreign Corrupt Practices Act. Of...
- Blog posts 2009-01-27
- SIEMENS BRIBERY SCANDAL SPREADS
- AsiaInfo Services 08-24-2007 Siemens Bribery Scandal Spreads BEIJING, Aug 24, 2007 SinoCast via COMTEX -- Foreign Media said on August 20 that Siemens, one of the world's largest electronics manufacturers, was found to involve in a bribery ca AsiaInfo Services...
- Research articles 2007-08-24
- The End Of Swag?(bribery)
- Baksheesh. Kiti Kodogo. Swag. Most every language has its vaguely derogatory slang term for bribery. The King James Bible predicted long ago that the "the congregation of hypocrites shall be desolate, and fire shall consume the tabernacles of bribery." It didn't say when. Whether delivered in...
- Research articles 2002-07-01
- Battling International Bribery 2000 -- Press Statement by Philip T. Reeker, Deputy Spokesman.
- M2 PRESSWIRE-3 July 2000-US DEPT OF STATE: Battling International Bribery 2000 -- Press Statement by Philip T. Reeker, Deputy Spokesman C1994-2000 M2 COMMUNICATIONS LTD RDATE:29062000 The Department of State is pleased to announce the release of Battling International Bribery 2000,...
- Research articles 2000-07-03
- Defense contractor faces bribery trial
- Looking ahead Defense contractor faces bribery trial Pretrial motions are argued today in San Diego in the bribery case of defense contractor Brent Wilkes. Wilkes is facing 25 counts of bribery, fraud, money laundering and conspiracy in connection with his relationship with...
- Research articles 2007-10-02
- Former Army Reserve Officer Pleads Guilty to Bribery and Conspiracy to Commit Bribery and Money Laundering
- To: FOREIGN EDITORSContact: +1-202-514-2008, TDD +1-202-514-1888 WASHINGTON, July 23 /PRNewswire-USNewswire/ -- A former major in the U.S. Army Reserves has pleaded guilty to bribery and conspiracy to commit bribery and money laundering in connection with the fraudulent awarding and administration of U.S. government contracts in Balad, Iraq, Assistant Attorney General...
- Research articles 2007-07-23
- Few governments enforce foreign bribery prohibition
- ACCORDING TO A TRANSPARENCY INTERNATIONAL TI report less than half of the governments that adopted the Organisation for Economic Co-operation and Development OECD Anti-bribery Convention nine years ago enforce the foreign bribery prohibition. The 2008 Progress Report on Enforcement of the OECD Convention on Combating Bribery of Foreign Public Officials...
- Research articles 2008-08-01
- Transnational bribery
- The ProblemFor a number of reasons corruption abroad undermines our national and economic security here at home. First, bribery is a barrier to trade which hurts U.S. commercial interests. Bribery is essentially an unpredictable and unfair tariff increase. U.S. exporters are put at a competitive disadvantage (or precluded from participating...
- Research articles 1996-09-01
- Russia, China and Mexico Are Worst For Bribery: Study
- If you're doing business in Russia, China or Mexico and aren't afraid of U.S. anti-bribery laws, get your wallet, checkbook, or bank routing number handy. These countries scored the worst for bribery according to a survey by Transparency International, a group that tracks corruption in industry. Other...
- Blog posts 2008-12-09
- IBM KOREA UNDER INVESTIGATION ON BRIBERY CHARGE.
- SEOUL, Nov 10 Asia Pulse - The Korean unit of International Business Machines Corp. IBM is being investigated on alleged bribery charges, prosecutors and company officials said Saturday. SEOUL, Nov 10 Asia Pulse - The Korean unit of International Business Machines Corp. IBM is...
- Research articles 2003-11-10
- Lucent hit with bribery lawsuit.(Global Wireless)
- Lucent Technologies Inc., which has barely recovered from lawsuits related to vendor financing and alleged fraud, now confronts an unlikely lawsuit from an unlikely place-bribery in Saudi Arabia. A Saudi firm, National Group for Communications Lucent Technologies Inc., which...
- Research articles 2003-08-18
- Former Fidelity Federal Head Pleads Guilty to Bank Bribery, Insider Trading. (Originated from Philadelphia Inquirer)
- PHILADELPHIA--Oct. 13--The former president and chief executive of Fidelity Federal Savings & Loan Association, of Philadelphia, pleaded guilty in federal court Wednesday to criminal charges of bank bribery and insider trading. PHILADELPHIA--Oct. 13--The former president and chief executive of Fidelity Federal Savings & Loan Association,...
- Research articles 1994-10-12
- Outlawing outlaws.(members of the Organization for Economic Cooperation and Development have agreed to outlaw the bribery of foreign public officials)(Brief Article)
- 00-00-0000 TWENTY-NINE INDUSTRIAL NATIONS expect to make major moves against commercial bribery during the next 10 months. Members of the Paris- based Organization for Economic Cooperation & Development have agreed to put together a pact by t 00-00-0000 TWENTY-NINE INDUSTRIAL NATIONS expect to make...
- Research articles 1997-06-23
- IBM TO SET UP RESEARCH LAB IN KOREA DESPITE BRIBERY PROBE.
- SEOUL, Jan 9 Asia Pulse - South Korean Information and Communication Minister Chin Dae-je today said that IBM Corp. will set up its research laboratory in the country despite a current bribery probe into its local subsidiaries. SEOUL, Jan 9 Asia Pulse - South...
- Research articles 2004-01-09
- TAINTED DEALS.(Organization for Economic Cooperation and Development's anti-bribery code)(Brief Article)
- The past month leaves the impression that combating corruption and bribery will be the global business issue of the year. The Paris-based Organization for Economic Cooperation. & Development's OECD antibribery code, containing criminal penaltie The past month leaves the impression that combating corruption and bribery...
- Research articles 1999-03-15
- OECD regrets British decision to stop probe into defense bribery allegations.
- Jan. 18--The OECD said on Thursday its Working Group on Bribery had serious concerns about Britain's decision not to launch a corruption probe into a multi-billion-pound defense deal with Saudi Arabia. Jan. 18--The OECD said on Thursday its Working Group on Bribery had ...
- Research articles 2007-01-18
- Former Congressional Legislative Assistant Brett M. Pfeffer Sentenced in Bribery Scheme
- WASHINGTON, May 26 /U.S. Newswire/ -- A former legislative assistant to a member of the U.S. Congress was sentenced to 96 months in prison on charges of conspiracy to commit bribery and aiding and abetting the solicitation of bribes by a member of CongresWASHINGTON, May 26 /U.S. Newswire/ -- A...
- Research articles 2006-05-26
- Former Alabama Governor Don Siegelman, Former Healthsouth CEO Richard Scrushy Convicted of Bribery, Conspiracy and Fraud
- WASHINGTON, June 29 /U.S. Newswire/ -- A jury in Montgomery, Ala. convicted former Alabama Governor Don Eugene Siegelman and former HealthSouth Chief Executive Officer Richard Scrushy of conspiracy, bribery and fraud, Assistant Attorney General Alice S. FWASHINGTON, June 29 /U.S. Newswire/ -- A jury in Montgomery, Ala. convicted former Alabama...
- Research articles 2006-06-29
- UPDATE: Former Alabama Gov. Siegelman, Former Healthsouth CEO Scrushy Convicted of Bribery, Conspiracy and Fraud
- WASHINGTON, June 29 /U.S. Newswire/ -- A jury in Montgomery, Ala. convicted former Alabama Governor Don Eugene Siegelman and former HealthSouth Chief Executive Officer Richard Scrushy of conspiracy, bribery and fraud, Assistant Attorney General Alice S. FWASHINGTON, June 29 /U.S. Newswire/ -- A jury in Montgomery, Ala. convicted former Alabama...
- Research articles 2006-06-29
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