The article presents information on nature and frequency of bribe solicitation and extortion. It discusses the issues the firms of the U.S. are facing in maintaining agreement with the U.S. Foreign Corrupt Practices Act (FCPA). It states that FCPA bans firms from paying bribes to foreign officials in order to retain or obtain business. It also discusses the problems it imposes on market participants. It suggests federal regulators to provide improved regulatory guidelines to understand FCPA.



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.