Avoiding corruption : how can Norwegian multinational companies avoid corruption in countries where this is a wide spread problem? -establishment of best practice
Master thesis
Permanent lenke
http://hdl.handle.net/11250/135678Utgivelsesdato
2011Metadata
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Sammendrag
This thesis combines the knowledge and practices of five Norwegian multinational companies
doing business with, or within, relatively corrupt countries and the suggested guidelines and
principles of leading international initiatives for establishing a best practice on how to avoid
corruption. The author seeks to pinpoint some of the most relevant corruption-related aspects
of international business today, and those whom Norwegian multinational companies
frequently face abroad:
1. Cultural differences and practices,
2. Legislation and different jurisdictions,
3. Internal preventive measures such as corporate social responsibility programs,
corporate codes of conduct, and towards employees and third parties.
The findings show that cultural differences and practices are somewhat diluted compared to a
few centuries ago, but still important to pay attention to, and more importantly to respect to
achieve a mutually beneficial and safe long-term relationship. Legislation and continuous
changes are difficult to comply with, even for Norwegian multinational companies. Failing to
comply is not an option, and as a result of this, and increasing awareness on CSR issues in
general, companies have developed highly sophisticated internal compliance groups and
corporate codes of conduct in the battle against corruption
Beskrivelse
Masteroppgave i økonomi og administrasjon - Universitetet i Agder 2011