Year: 2024
Type: article
Abstract: With the deepening development of globalisation, multinational corporations (MNCs) have been operating more and more frequently in China, but the accompanying problem of commercial bribery has gradually emerged.The purpose of this paper is to explore the dilemmas encountered by China in punishing commercial bribery by multinational corporations in China.Through the research method of literature review, this paper finds that the causes of commercial bribery by multinational corporations in China are complex and diverse, including regulatory deficiencies, imperfections in the legal system, differences in business ethics, and insufficient internal control, etc. Such behaviour not only undermines fair competition, but also leads to the emergence of the problem of commercial bribery.Such behaviours not only damage the market environment of fair competition, but also erode the moral foundation of the society and affect China's international image.Therefore, possible solutions are proposed, including strengthening legislation and law enforcement, expanding jurisdiction, and improving the monitoring system, in order to more effectively curb commercial bribery by multinational corporations in China.
Author: Yishi Luo
Institution: Zhongnan University of Economics and Law
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4402951964