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Measuring Deterrence: How Big a Fine Will Deter Corporate Crime?
The Justice Department takes a lot of flack from the business community for settling civil and criminal cases with large fines and penalties. The recent GlaxoSmithKline settlement of $3 billion underscored an important
Read More »Issues relating to bribery and corruption in M&A transactions
The anti corruption movement is perhaps the most enduring symbol of the year 2011 in India, and is likely to dominate popular dialogue for the years to come. Although the connection between corruption and
Read More »The True Costs of Corruption
The World Bank estimates that corruption may cost the world economy about a $1 trillion a year. In more practical terms, as the chart below shows, corruption in some countries is robbing the world’s
Read More »Rooting out bribery in business
Corruption isn't only limited to government and corporations, even designers have been found guilty of bribing A-list celebrities to wear their gowns on the red carpet. The Oscars are looming and designers and fashion houses
Read More »Business ethics and anti-corruption update from Norton Rose
Innospec Ltd's former global sales and marketing director, David Turner, pleaded guilty to three criminal charges of conspiracy to corrupt at London's Southwark Crown Court. Dr Turner pleaded guilty to two counts of conspiracy to
Read More »Top 10 Corruption Scams in India
This is the season of scams and the biggest ever corruption cases in India have been unearthed more recently. So, we decided to dig deep to see which scams were the biggest and most
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