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Business, 01.11.2019 04:31 25mnauman

The result of the convention on combating bribery of foreign public officials in international business transactions was to1- make it obligatory for companies to adopt a zero-tolerance approach toward grease payments.2- make grease payments mandatory in order to obtain exclusive preferential treatment in a host nation.3- consider payment of speed money to be moral, but illegal.4- make bribery of foreign officials a criminal offense but not consider facilitating payments a criminal offense.5- make it mandatory for companies to adhere to the pollution control standards of their home country in all the nations in which they do business.

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