Payment of kickbacks and bribes of ethical cods of company

Question

Illustrates the payment of kickbacks and bribes of company’s codes of ethical?

Answer 1

Companies that prohibit the payment of kickbacks and bribes in their codes of ethical conduct and that are serious regarding enforcing this prohibition look a formidable challenge in those countries where kickback and bribery payments have been ingrained as a local custom for decades and are not considered unethical by lots of people. The same goes for multi-national companies that do business in countries where bribery is legal and also in countries where kickbacks or bribery are customary or tolerated. Some people say that kickbacks and bribes are no diverse from tipping for service at restaurants – you pay for a service rendered.