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like most companies, employees feel like they work for the best companies and in most cases they couldn’t be more wrong. Most times these companies are taking bribes, kickbacks and even at times wrong transactions from accounting. We also see these types of stateside, but more often where there’s a language and cultural barriers to overcome. “In 2010 alone, 52 individual businesspeople were indicted, sentenced, or were convicted and awaiting sentencing
for FCPA violations. Ten years ago FCPA prosecutions were rare. Since 2008, the government hashad around 150 FCPA investigations going on at any one time and has been bringing about 40 cases each year” (Clayton). To help minimize the violations of the FCPA companies have to be very proactive on how they approach business overseas. The first step is to conduct research onthe country you want to conduct business in. Transparency International Corruption Perception Index is a great resource that shows what countries have issues with corruption. “Some countries expose US companies to very high risk of corruption. For example, China, Brazil, India and Mexico are well known corruption risks. There is a lot of corruption in each of those countries, but it pales in comparison to the pervasive illegal activity in countries such as Russia, Vietnam, Nigeria, and Pakistan” (Clayton). FCPA was initially created to prevent corruption in the United States but it’s very evident there are many disadvantages that need to be corrected.