Many countries are increasingly connected with the theme of corruption and managers today have to deal with changes in the ethical rules and laws. New laws and international agreements, seek to create worldwide transition to lower levels of corruption, and therefore the responsibility for managing the constantly evolving. Both Transparency International and the World Bank can assess the relative prevalence of corruption in different countries. However, this topic is controversial and complex, creating serious problems for managers. Both Volkswagen and Siemens recently faced public criticism and prosecution for corruption issues relating to certain domestic and international corporate relationships. In some cultures appear to accept corruption as part of the normal business of public relations. In China, guanxi is widely regarded as a requirement for success in business to create personal relationships that include a constant exchange of gifts and personal services. Some managers may argue that giving gifts is acceptable that a bribe to speed up decisions may be necessary, and that only certain types of bribes should be regarded as an abuse of corruption. However, this view is the difficulty of drawing the line for making the company's employees, and for many managers are now required to implement clear corporate guidelines as to what they see as corruption. In this regard, some managers may decide to avoid investing in some countries to a culture of corruption has changed. "Hide
by David W. Conklin 21 pages. Publication Date: September 16, 2009. Prod. #: 909M65-PDF-ENG