Bribery Issue

1.4 Bribery

Bribery is the act of giving money and other forms of recompense to a recipient in the hope of influence or benefit (Nadler & Schulman, 2006). Black's Law Dictionary defined as the offering, giving or receiving of any item of value to influence the actions of a person in charge of a public or legal duty. Normally, bribery happen because the decision maker wants to guarantee the end results and get some “special treatment” from the authorities. Businesses and societal faced with a difficult situation in determine bribery, due to the acceptance of bribery vary in different country’s cultures (Budrina, 2012). For example, giving any sort of bribe is illegal and unethical in the United States and the UK. While some of the country viewed bribes as a way for companies to continue sustain and facilitate their businesses.Such as the practice of “guanxi” or interpersonal relationships in China that concern on building connections and relationships based on gifts, money and other forms of value itemtoward continued exchange of favors in business (Hope, 2014).

1.5 Importance of the Issue to Society or Organization.

First of the benefits is bribery able to consociate different political, ethnic, religious, and economic groups, regardless to their differences (kinibigdeal, 2015). People with different opinions and different backgrounds will join together and advocate their relationships in order to conserve their economic advantages (Shwany, 2012). Hence, most of the developing countries will use bribery as the method to solve problems, no matter in business industry or regional conflict.

In business perspective, bribery leads to other benefits also.  It could motivate investment and provides opportunities to foreign investors to come into the industry or country, by acquisition, merging, and joint venture (Roberts, 2012). It may also helps the foreigners to save a large amount of money to launch into the market (Roberts, 2012). Besides, bribery allows people get what they have paid for in a very short time, such as getting a business license in a shorter period in order to invest in other country (Vaknin, n.d.).