Question
Bribery is one of the biggest problems in developing and under-developed countries. According to the Malaysian Code on Corporate Governance 2017, firm have to address
Bribery is one of the biggest problems in developing and under-developed countries. According to the Malaysian Code on Corporate Governance 2017, firm have to address issues related to the prevention of bribery and managing conflict of interest in their Code of Conduct and Ethics. In 2018, Guideline on the Adequate Procedure (GAP) has been published by the Prime Minister Office to combat bribery and corruption. Despite of all of the government efforts, this problem still exists in both private and public sector. (a) Explain the corporate liability that has been stated in the GAP. (b) States the aim of the criminalization of the corporate liability according to the GAP. (c) Describe the recommendations given by GAP for commercial organization to establish policies and procedures that would be able to protect the commercial organization from corporate liability in the case if bribery exist in the company.
it is management ethic and governance policy. Please answer in the point form.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started