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  • Baker Hughes Foreign Corrupt Practices Act Brian Tayan David F Larcker 2010

    Baker Hughes Foreign Corrupt Practices Act Brian Tayan David F Larcker 2010

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    In 2004, I was recruited to work with Baker Hughes’ (BHI) subsidiary, GE Global Resource Management, on an assignment to analyze the FCPA issues arising from the acquisition of a foreign subsidiary, GE Global’s Petroleum Operating. The assignment involved a full three-year tenure with the company, from January 2004 through December 2007. The assignment was not my first exposure to FCPA issues. In 1998,

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    Baker Hughes is a global oilfield services company. In 2010, it suffered a severe crisis. One day, it was discovered that its American subsidiary Baker Hughes, a GE Company, violated Foreign Corrupt Practices Act (FCPA) in India. According to the FCPA, all foreign companies operating in India are required to comply with the regulation, and in case they violate it, the US Justice Department can take action against them. FCPA is a regulation, which is aimed to prevent

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    “A company’s adoption of the Foreign Corrupt Practices Act (FCPA) has the potential to transform the company’s culture. The FCPA, which has been in place since 1977, has set some of the most stringent s on corporate behavior when it comes to bribes and other corrupt acts. The Act has changed the expectations of corporate citizenship and has forced companies to be more accountable to their stakeholders. In my own work in human resources, I have seen how the culture of my company

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  • Katerra B Lindsay N Hyde Thomas R Eisenmann Tom Quinn 2021 Supplement

    Katerra B Lindsay N Hyde Thomas R Eisenmann Tom Quinn 2021 Supplement

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  • Johnson Johnsons Choice of Regional Headquarters and Innovation Hub Why Singapore Arnoud De Meyer Lipika Bhattacharya 2020

    Johnson Johnsons Choice of Regional Headquarters and Innovation Hub Why Singapore Arnoud De Meyer Lipika Bhattacharya 2020

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  • Tonik Andy Wu Maliha Malek Quadir Aticus Peterson

    Tonik Andy Wu Maliha Malek Quadir Aticus Peterson

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  • Sober Sidekick Jeffrey J Bussgang Kumba Sennaar 2023

    Sober Sidekick Jeffrey J Bussgang Kumba Sennaar 2023

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  • OIL Installation of a Central Gas Gathering Station at Madhuban Assam Goutam Dutta

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  • Dell Med Transforming Care Delivery Payment Robert Samuel Kaplan David N Bernstein Mary L Witkowski

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    Inflation reduction act (in) Amidst the US economy, with the inflation skyrocketing, government has implemented the inflation reduction act. It has taken immediate steps for a sustained reduction of the price of consumer goods in 2022. However, for the first time, the government had to confront its implementation for some unintended negative consequences. For instance, inflation was not tackled as expected, and the federal budget’s overall cost had risen by 10%. While the reduction in food inflation, medical inflation,

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    [Insert Quote of the Day or topical quote, or your original one from your own life experience, as mentioned in your dissertation or thesis, and use your own voice and tone] Title of Paper: IMPLEMENTING THE INFLATION REDUCTION ACT: THE SOLUTION TO THE PORTFOLIO FINANCING CHALLENGE OF COMPANIES IN THE PRACTICE OF CAPITAL INSURANCE (A CRITICAL RESEARCH PROJECT