Essay on Bribe,Long and Short Essay on Bribe in English
WebBribery is the practice of enticing people to do something they are otherwise reluctant, unwilling, or legally forbidden to do, with money or gifts. Though that description may WebMay 6, · Bribery aims at enriching the selfish interest of both parties involved. Bribery has become a way to get things done without following the proper channel. It is WebBribery could be descried as gifts in many countries like Japan, Saudi Arabia, and the United Arab Emirates. In other parts of the world like Brazil, Russia, India, and China, ... read more
In a corruption regime, comparative advantage belongs to the business agents with illegal corrupt activities. It is then likely that corruption may lead to a trap which expand wider use of corruption and discourage the legitimate businesses Rose-Akerman, With an abundance of un-used money, Oakes Ames came up with the idea of paying off certain government officials to keep the scandal a private affair Zinn This bribery led to the corruption between the government and big businesses, which was against the impoverished workers, the majority.
Managing the Risks of Global, Bribery in Business Case Analysis for ACCT — Spring Ebraheem Almakrami The issue of bribery has long been considered unethical and unfair. This classification led people to invest in finding ways to justify bribery differently based on their culture. Bribery could be descried as gifts in many countries like Japan, Saudi Arabia, and the United Arab Emirates. In other parts of the world like Brazil, Russia, India, and China, bribery is looked at as business expense. The issue of bribery is complicated and requires clear distinction between right and wrong, between gifts and bribes.
Ludicrous decisions have been made in courts as a result of bribery and mostly by the influential people in society. The media also creates an impression that corruption is an acceptable norm in society and the justice system. The individuals who are meant to be dealing with fraud are the ones perpetrating the vice. In fact, the media goes further to insinuate that this habit is quite standard that anyone who chooses integrity stands out as being different from the rest. The major excuse, which drives the actions of the fraudsters, is financial strain. The fact that fraud leads to a massive financial gain within a limited period of time provides the needed support for people to engage in such activities. Corporate fraud can be avoided through scheduled internal audits, which monitor the financial activities of a firm aimed at unveiling any unsupported and suspicious activities.
Plausibility The events unfolding in Phillips work is highly plausible. Evidently, Tanzie is motivated towards making things right by confessing the wrongs she did that resulted in the collapse of her previous company. As I stated earlier, it is almost laughable that such values were included in their code of ethics. Instead greed, arrogance and pushing the envelope were the driving factors for top executives, which poisoned the culture of the company and many that dealt closely with Enron. The people in a corporation are what can make or break the company. Throughout countries around the world, members of the criminal justice system have fallen to corruption. In many points in time, almost every member of the criminal justice system was susceptible, if not already involved in corruption.
One of the most used incentives for corruption was bribery. Money is a very powerful incentive for many people, including those working in the criminal justice system. Only upon the termination of prebendalism will corruption in Nigeria begin to…. Payments paid to the government officials for licensing and other paper works, discourage small businesses from flourishing, ultimately resulting in low employment opportunities. It also results in poverty and unemployment. Due to rampant corruption in public sector, it has become difficult for the government of India to eradicate poverty. The Prevention of Corruption Act, is an act passed by the government of India, criminalizing the receipt of any kind of gratification by any public servant and also providing such gratification by any member of public.
The act also targets the middle men who act as liaison between the two parties. The penalties include imprisonment ranging from six months to ten years and a fine depending upon the amount of bribe exchanged. The stricter actions might include the confiscation and sale of the property of the accused. Under the PCA, even an agreement between two parties for exchange of bribe is a criminal offence and enough to attract prosecution, even if no exchange of bribe took place. Also, the government officials in India are bound to conduct themselves in accordance to the service rules. These rules prohibit the officials from receiving gifts and other pleasures from persons other than near relatives or friends, with no business intentions.
It makes the system unstable and promotes corruption, resulting in other serious consequences like — poverty, illiteracy, unemployment, poor public amenities, poor infrastructure etc. It is therefore imperative for India to have a strong monitoring of bribery cases and enforcement of laws prohibiting such illegal practices. Money, jewelry, property or other valuables, resulting in an inappropriate collection of wealth by the receiver, constitutes bribe. Under the Indian law, it is illegal not only to accept bribe, but also to pay bribe in exchange of a favor. It is a criminal offence committed by both the receiver and giver of the bribe.
Bribe is an illegal payment given to a party asking for undue favor in return. Bribery in India is a punishable offence. Punishment includes fine, imprisonment or both depending on the nature and amount of bribe exchanged. Even someone, who attempts to bribe a government official, could be punished with imprisonment for a term of three years which might also include fine. The only immediate solution to eliminate the practice of bribe is to neither demand nor give it under any circumstances. But, there is also dark side of the story, i. Corruption is present at all the levels of administration. Not only government employees, but also officials of private organizations and banks are often seen involved in corrupt practices.
How often you have escaped a legal action even after flouting traffic rules, by simply paying money to the traffic police official. How often you have bribed the train ticket examiner TTE to remain aboard a train or in the class otherwise not permissible. The main problem lies in our acceptance of considering bribe as a business as usual. By bribing the officials and discouraging them from following their duty, we are only partnering in the crime. As long as we concede to the illegal demands of such officials, it will be impossible to eliminate corruption from India. For that we need to make a stern resolve to say no to bribery. A resolve to neither demand nor give bribe, whatever the matter may be.
Things will begin to change only when we say no to bribery. In politics, pay to play refers to the need to pay money—usually in the form of campaign contributions—in order to get special attention from a politician. That attention may be in the form of favorable legislation which is the essential and legal goal of lobbying , government contracts, appointments to special posts, jobs, et cetera. The potential influence of a newly elected politician is broad, and a good many politicians—especially at the state and local level—elevated their campaign supporters to all the available posts in government, as a reward for their support. Though there are regulations governing campaign contributions from individuals, institutions, and corporations, and the disclosure thereof, pay to play payments are often made with so-called soft money, money that is donated to political organizations called s for the section of tax code governing them which do not fund advertising promoting the election or defeat of a specific candidate.
The abuse and scrutiny of soft money contributions is one of the most prominent issues in campaign finance reform. A rent-seeking culture is one in which individuals and organizations in that culture seek to increase their incomes through the manipulation of conditions, rather than through production and trade. For instance, it may be cheaper for a manufacturer to preserve or change the regulations affecting its industry and its products than it is to alter those products or practices. In fact, it is in a sense even in the interests of the widget consumer—until one factors in the environmental effects.
In late , a global crackdown on companies using bribery to advance their business interests in foreign nations increased its momentum. In the United States, such investigations went from only three in to 84 in This example Bribery Essay is published for educational and informational purposes only. If you need a custom essay or research paper on this topic please use our writing services. com offers reliable custom essay writing services that can help you to receive high grades and impress your professors with the quality of each essay or research paper you hand in. Essay Examples.
Bribery is the practice of enticing people to do something they are otherwise reluctant, unwilling, or legally forbidden to do, with money or gifts. Though that description may sound straightforward, attitudes toward bribery vary widely around the world and across different contexts. A comparison might be to the varying attitudes toward other culture-specific practices, like tipping or haggling—either of which may be taken for granted in one culture while seen as bizarre and frustrating in another, or may be considered a social responsibility in one context tipping a waiter and unthinkable in another tipping a doctor.
The mechanism, severity of taboo or illegality, and sometimes language of bribery varies not just from country to country but industry to industry. Legally speaking, the term bribery is applicable only when the transaction is forbidden by law—either explicitly or because it requires one party to break a law or neglect their duties—and typically involves officials and other authority figures. A driver may be pulled over and try to bribe a police officer in order to avoid a ticket, even offering more than the cost of the ticket in order to avoid points on his license. Lawyers may bribe workers in a courtroom for information pertinent to their case.
While a referee, judge, or other official is an obvious person to target for bribery, athletes can be enticed to throw the game, and coaches may be enticed to exert their influence. Bribery is an inescapable aspect of doing business internationally. In some countries, bribes are so accepted that they are tax-deductible. The U. This makes it easier to do business, without violating American law, in countries where bribery is a way of life. The Bribe Payers Index tabulates a rough estimate of how likely businesses from various countries are to pay bribes when doing business abroad. It is based on responses from over 10, executives, as part of the World Economic Forum. In , the 30 leading export nations were ranked on a scale of 1 to 10, wit 10 being the most likely to pay bribes:.
One of the interesting things about the list is the low placement of countries like Russia, where the common perception is that bribery is common within the country, which would intuitively lead to the assumption that its businesses would be as willing to pay bribes outside of the country. Pay to play is a phrase used in reference to an assortment of similar activities, some legal, many of them forms of bribery, all of them having in common the transaction of money for some form of access or attention. In its most literal rendering it refers to payola, the long-standing and often overlooked practice in the music industry of paying radio stations to play certain songs, without any overt announcement of sponsorship.
Many of the most popular, successful, and talented artists in popular music history were given a boost by payola, if only because the practice creates a system into which everyone must buy in. The institution of independent record promoters arose specifically to try to circumnavigate FCC regulations about payola, after both Alan Freed and Dick Clark—world-famous and influential DJs in the s and s—were subjects of payola scandals. In the independent promoter system, record companies pay independent promoters—separate companies or individuals—who then pay record stations or DJs to play the songs on the list the record company provides.
Though blatantly the same essential act as paying the station directly, it was believed that this would honor the letter of the law and at least permit the practice until the law could be rewritten. It was enough to send the message, and the practice has either died off or gone underground. In politics, pay to play refers to the need to pay money—usually in the form of campaign contributions—in order to get special attention from a politician. That attention may be in the form of favorable legislation which is the essential and legal goal of lobbying , government contracts, appointments to special posts, jobs, et cetera. The potential influence of a newly elected politician is broad, and a good many politicians—especially at the state and local level—elevated their campaign supporters to all the available posts in government, as a reward for their support.
Though there are regulations governing campaign contributions from individuals, institutions, and corporations, and the disclosure thereof, pay to play payments are often made with so-called soft money, money that is donated to political organizations called s for the section of tax code governing them which do not fund advertising promoting the election or defeat of a specific candidate. The abuse and scrutiny of soft money contributions is one of the most prominent issues in campaign finance reform. A rent-seeking culture is one in which individuals and organizations in that culture seek to increase their incomes through the manipulation of conditions, rather than through production and trade.
For instance, it may be cheaper for a manufacturer to preserve or change the regulations affecting its industry and its products than it is to alter those products or practices. In fact, it is in a sense even in the interests of the widget consumer—until one factors in the environmental effects. In late , a global crackdown on companies using bribery to advance their business interests in foreign nations increased its momentum. In the United States, such investigations went from only three in to 84 in This example Bribery Essay is published for educational and informational purposes only. If you need a custom essay or research paper on this topic please use our writing services.
com offers reliable custom essay writing services that can help you to receive high grades and impress your professors with the quality of each essay or research paper you hand in. Essay Examples. Business Essay Examples. ORDER HIGH QUALITY CUSTOM PAPER Always on-time. FREE INQUIRY. ORDER NOW. Special offer! Promo code: cd1a Related Posts.
Bribery (Essay Sample),Related Posts
WebBribery could be descried as gifts in many countries like Japan, Saudi Arabia, and the United Arab Emirates. In other parts of the world like Brazil, Russia, India, and China, WebBribery is the practice of enticing people to do something they are otherwise reluctant, unwilling, or legally forbidden to do, with money or gifts. Though that description may WebMay 6, · Bribery aims at enriching the selfish interest of both parties involved. Bribery has become a way to get things done without following the proper channel. It is ... read more
English U. Though that description may sound straightforward, attitudes toward bribery vary widely around the world and across different contexts. Essay Kitchen. Though there are regulations governing campaign contributions from individuals, institutions, and corporations, and the disclosure thereof, pay to play payments are often made with so-called soft money, money that is donated to political organizations called s for the section of tax code governing them which do not fund advertising promoting the election or defeat of a specific candidate. Apart from that it results in poverty, illiteracy and loss of resources. Company About FAQ Support Legal Accessibility. The most significant factors responsible for bribery are — non transparency and unaccountability in the functioning of government and other relevant agencies.
Big Businessmen: Robber Bribery essay Words 5 Pages. Bribery aims at enriching the selfish interest of both parties involved. Follow Facebook Twitter, bribery essay. The U. Bribe is an illegal payment given to a party asking for undue favor in return. The potential influence of a newly elected politician is broad, and a good many politicians—especially at the state and local level—elevated their campaign supporters to all the available posts in government, bribery essay, as a reward for their support.
No comments:
Post a Comment