In the WSJ, front page, there is an article about Siemens getting caught in bribery scandal.
A good portion of the world uses bribery as a matter of course. We, the “western democratic” countries, say that’s bad and we can have no part of it.
Shame on Seimens! Don’t they know, they are supposed to hire an intermediary company that does the bribery for them? Then the intermediary can disband before they get caught, re-form as a different company, and do the whole thing over again.
Hypocrisy makes the world go round. How many times has the world changed because someone wagged a finger at it and said “Shame! Shame!”
I have long thought that any MBA that includes international business should have a Bribery 101 class.