Search results
Results From The WOW.Com Content Network
The Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. § 78dd-1, et seq.) is a United States federal law that prohibits U.S. citizens and entities from bribing foreign government officials to benefit their business interests. [1]
The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies. There are also corporations having foundation in the United States, such as corporate headquarters, operational headquarters and independent subsidiaries. The list excludes large privately held companies such as Cargill and Koch ...
Analysts stated that FEPA addresses a longstanding gap in US anti-bribery legislation by tackling the "demand" side of bribery. At the same time, the Foreign Corrupt Practices Act (FCPA) focuses on the "supply" side of bribery. [2] [3] One expert noted that FEPA is "probably the most important U.S. anti-bribery effort since the FCPA itself ...
Companies portal; United States portal; This category page covers all American companies which operated as the subsidiary of the parent company that are headquartered outside the United States. Subsidiaries are separate, distinct legal entities for the purposes of taxation, regulation and liability.
In June 2009, the SEC sued Angelo Mozilo, former CEO of mortgage lender Countrywide Financial, and two other former officers, charging that they misled investors about the quality of Countrywide's loans while knowing the company was fueling its growth by letting its underwriting guidelines deteriorate and originating a growing number of risky subprime loans.
This is a list of United States–based companies having the most employees globally. For some companies listed, the majority of total employees live and work in other countries. For some companies listed, the majority of total employees live and work in other countries.
The convention is a legally binding international agreement that focuses on the supply-side of bribery by criminalizing acts of offering or giving bribes to foreign public officials by companies or individuals. [2] Its goal is to create a level playing field in the international business environment.
[citation needed] In the US, the Foreign Corrupt Practices Act restricts United States business firms from engaging in bribery and other illegal practices internationally. There are laws that have the same type of prohibition for European companies which creates a disadvantage competitively for both European and U.S. firms. [4]