Bribery
Bribery has a supply side as well as a demand side. Indian and Chinese companies are the most prolific bribe-payers when doing business abroad, according to Transparency International, an anti-corruption group. Many companies observe a double standard, it notes, paying bribes more freely abroad than at home. The index draws on the views of over 11,000 businessmen, asked to rate foreign firms operating in their country.
Source: Economist, Oct 12th 2006
posted by Mohammad Reza Farzanegan @ 03:46
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