Bribery and Corruption: Navigating the Global Risks
Brand: Wiley
Categories: Books, Business & Money, Business Culture



Dimensions: 6.3 x 1.38 x 9.35 inches
Language: English
ISBN-10: 1118011368
Publisher: Wiley
Print length: 432 pages
Publication date: December 6, 2011
ISBN-13: 978-1118011362
Edition: 1st
Part of series: Wiley Corporate F&A
subtitle: 1st Edition
author: Visit Amazon's Brian P. Loughman Page search results Brian P. Loughman Richard A. Sibery
review: Editorial Reviews From the Inside Flap BRIBERY AND CORRUPTION Navigating the Global Risks International business expansion has brought with it countless new challenges, few as alarming as the exponential growth of bribery and corruption risks. As companies move into new and emerging markets, fraud follows right behind. In response, U.S. and foreign governments have been forced to devise their own means of counteracting threats to their businesses abroad. In Bribery and Corruption: Navigating the Global Risks , fraud experts Brian Loughman and Richard Sibery take an in-depth look at the problem, its implications, what anti-bribery and corruption conventions really do, and how to stay out of trouble. Beginning with an introduction to anti-bribery and corruption legislation both in the United States and around the world, the book focuses on the Foreign Corrupt Practices Act (FCPA)—which explicitly prohibits U.S. companies and those directly involved with them from bribing foreign officials in order to obtain business opportunities —as well as other pieces of legislation limiting foreign bribery and corruption, such as the UK Bribery Act. Looking at compliance programs, risk assessment, anti-corruption due diligence, and considerations for fraud risk on a region-by-region basis, the book provides a comprehensive look at anti-bribery and corruption policies. Presenting real-life examples of the challenges facing businesses abroad, as well as practical advice on how to respond, the book focuses on establishing an anti-corruption compliance program and fostering a strong ethical environment through focused internal controls, training, and monitoring. It discusses how to respond to common corruption challenges, appropriately investigate issues, and mitigate corruption concerns. Designed to help businesspeople understand relevant anti-bribery and corruption legislation, enforcement issues, and how to effectively manage the risks associated with doing business abroad, Bribery and Corruption explains how to stay out of trouble, identify threats, work with new regulations and practices, and keep bribery and corruption at bay. This publication contains summary information for general guidance only. Neither Ernst & Young LLP nor any other member of the global Ernst & Young organization shall be responsible for any loss resulting from action or inaction based upon this material. On any specific matter, consult your professional advisors. From the Back Cover BRIBERY AND CORRUPTION Navigating the Global Risks International business expansion has brought with it countless new challenges, few as alarming as the exponential growth of bribery and corruption risks. As companies move into new and emerging markets, fraud follows right behind. In response, U.S. and foreign governments have been forced to devise their own means of counteracting threats to their businesses abroad. In Bribery and Corruption: Navigating the Global Risks, fraud experts Brian Loughman and Richard Sibery take an in-depth look at the problem, its implications, what anti-bribery and corruption conventions really do, and how to stay out of trouble. Beginning with an introduction to anti-bribery and corruption legislation both in the United States and around the world, the book focuses on the Foreign Corrupt Practices Act (FCPA)―which explicitly prohibits U.S. companies and those directly involved with them from bribing foreign officials in order to obtain business opportunities ―as well as other pieces of legislation limiting foreign bribery and corruption, such as the UK Bribery Act. Looking at compliance programs, risk assessment, anti-corruption due diligence, and considerations for fraud risk on a region-by-region basis, the book provides a comprehensive look at anti-bribery and corruption policies. Presenting real-life examples of the challenges facing businesses abroad, as well as practical advice on how to respond, the book focuses on establishing an anti-corruption compliance program and fostering a strong ethical environment through focused internal controls, training, and monitoring. It discusses how to respond to common corruption challenges, appropriately investigate issues, and mitigate corruption concerns. Designed to help businesspeople understand relevant anti-bribery and corruption legislation, enforcement issues, and how to effectively manage the risks associated with doing business abroad, Bribery and Corruption explains how to stay out of trouble, identify threats, work with new regulations and practices, and keep bribery and corruption at bay. This publication contains summary information for general guidance only. Neither Ernst & Young LLP nor any other member of the global Ernst & Young organization shall be responsible for any loss resulting from action or inaction based upon this material. On any specific matter, consult your professional advisors. About the Author BRIAN P. LOUGHMAN is a Partner at Ernst & Young LLP and the Americas Leader of the Fraud Investigation & Dispute Services Practice. He has extensive experience investigating and remediating bribery and corruption issues for multi-national clients. He frequently presents his findings to the Securities and Exchange Commission and the Department of Justice. RICHARD A. SIBERY is a Partner at Ernst & Young LLP and leads the Fraud & Investigations group within its Fraud Investigation & Dispute Services Practice. He has extensive experience leading complex international investigations for large public companies. His experience in assisting clients with bribery and corruption issues spans six continents and includes a wide range of industries. Read more