articles, newspaper clippings and other data gathered from the reports and journals of the Ombudsman and the Sandiganbayan, two of the constitutional bodies mandated by Philippine law to investigate and act on complaints filed against public officials and employees for violations of graft and corrupt practices. More specifically, this report will cover input from an unpublished research paper prepared by scholars from the University of the Philippines, College of Public Administration, whom I will accordingly
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Part 1 – Fact Situation: Identification of Issues 1. a. Did QPI violate Section 10(b) of the Securities Exchange Act of 1934 by engaging in transactions with DOA to boost their financial reports? Was Nouv’s behavior unethical when he tried to bribe Betty into completing the draft and deal in a way that made the transactions look legitimate? b. Is the cooperation between QPI and DOA on pricing (price fixing) and segmenting product sales to customers (market division/Refusal to deal) a horizontal
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differences may be perceived, very little is done to actually understand them appropriately unless it is deemed necessary. However, what is quickly becoming equally apparent, for international businesses and corporations to deal successfully with a foreign contractor, business, or even government; the proper measures must be taken to understand the differences in ethical perception and to work to accommodate those differences. Failure to do so leave many of these companies and businesses vulnerable
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The Filipino Diaspora: Why We Seek Greener Pastures “And all the earth shall be filled with thee, and all the sea...” That statement above – addressed to the Jews – is contained in the third book of the Sibylline Oracles. It may have been slightly exaggerated when it came out sometime in the 2nd century B.C., but that prophecy uncannily came true the following century. Witnesses such as Seneca, Philo, and Greek geographer Strabo – the last believed to have remarked that one can’t go anywhere
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Republic of the Philippines PROVINCE OF BUKIDNON Capitol Compound, Malaybalay City General Conditions of the Contract PEEDMO-BPH & PEEDMO-PHS (Val) 1. Definitions 1.1 In this Contract, the following terms shall be interrupted indicated: a) “The Contract “ means the agreement entered into between the PROCURING ENTITY and the Supplier, as recorded in the Contract Form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference
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proceeded to reorganize and rename the various banks. Foreign-owned banks were permitted to continue doing business in Bangladesh. The insurance business was also nationalized and became a source of potential investment funds. Cooperative credit systems and postal savings offices handled service to small individual and rural accounts. The new banking system succeeded in establishing reasonably efficient procedures for managing credit and foreign exchange. Now, banks in Bangladesh are primarily of
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Business Ethics Across Cultures Article Review XMGT/216 Business Ethics Across Cultures Article Review The first article I reviewed was titled Islamic finance: Notion of stewardship imbues business ethics. The author discussed the global economic crisis of 2008 in Islam. He reviewed how the lack of training of Islamic employees in ethics contributed to the economic crisis. Several of the ethical lapses that occurred during the ethical crisis were caused by risk also known as gharar and gambling
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Political: In Singapore, the state has taken on the role of promoter and practitioner of Corporate Social Responsibility, a logical development in view of the dominant role of the government in the local economy. The Economic Development Board Act exists to stimulate the growth, expansion and development of Singapore’s economy. A good example of the role the Singapore government has played in fostering economic growth is the Changi airport and the Singapore Airlines. The Singapore government investment
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Following WWI, the United States entered in to what became known as the “Roaring Twenties”—a decade of unprecedented economic prosperity. However, the 1920s were rife with problems in an ever-changing and diverse nation: the corrupt presidency of Warren G. Harding, the female liberation movement, prohibition, culture wars that spawned the Scopes Trial, immigration restriction, labor disputes, and equal rights and civil liberties topics that were revisited for the first time since the post-Civil War
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Capital Development Index of 0.471 according to UNDP in 2013. Of course this does not portend economic development. What is however, not surprising is Transparency Internationals’ Corruption Perception Index which ranks Nigeria as one of the most corrupt countries in the world, coming 144th out of 177 surveyed countries. This paper therefore seeks to examine the accountability of public officers in Nigeria and their effects and bearing on the economic development of the nation. It also looks at the
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