In the year 2002, Baker Hughes was charged of violating the Foreign Corrupt Practices Act (FCPA). This case describe the actions taken by the corporation in reply to those accusation. These comprise hiring a third-party law firm to assume an impartial investigation and voluntarily reviewing its whole global operations with the purpose of finding other FCPA violations.
Simultaneously, the firm engaged in an extensive restructuring of its policies and procedures for detecting and preventing the issuance of payments that were questionable.
PUBLICATION DATE: August 01, 2010 PRODUCT #: CG18-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
