Bribe Issues in India: Issues in International Busines

Abstract

Maintaining organizational integrity, accountability, and transparency; directing company activity via norms and principles; and guaranteeing control and direction through procedures and mechanisms all depend on ethics and corporate governance. Collectively, they guarantee that businesses conduct their operations legally and socially consciously, fostering confidence among all parties involved, such as investors, staff, clients, and the general public. A significant issue within this framework is bribery. Bribery is a major problem in this concept because it involves giving or accepting anything of value to influence decisions. This undermines corporate governance by encouraging corruption, warping fair competition, and weakening public confidence in institutions.