For many large, international companies that do business in less developed count

Question

For many large, international companies that do business in less developed countries, corruption is a part of everyday life. Without bribing public officials, their companies could never build a factory, hire employees, get permission to build infrastructure, or receive shipments from international vendors. Shipping merchandise out of these countries can be equally difficult, with customs agents demanding unofficial payments to allow the shipment to be made.

1. If you worked for one of these companies, how would you respond to being asked by your boss to pay a bribe?

2. Are such bribes a necessary part of doing business abroad?

Explanation / Answer

1. If I worked for one of these companies, I would ask my boss if it is absolutely necessary to pay the bribe. If he replies in the affirmative, I will check out the processes which are being followed in the industry. If it turns out that everyone is paying a bribe to get work done, I shall report it to the top management. If they still insist on me paying a bribe, I shall look for opportunities outside the organization as paying bribing a government official is a legal offence and is punishable offence.

2. It cannot be denied that practically bribes are demanded from foreigners who want to do business in less developed countries. As the international companies want to set up their business fast, they end up paying these bribes and thus the vicious circle of bribery begins. They might not necessarily be a part of doing business abroad. If the international companies are following all rules and regulations, they should report to higher authorities when asked to pay a bribe.

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