MCPA
2
MCPA: 1997 in the wake of a few bribery scandals: 2 provisions: provide variety of individuals to bribe ocials !e"uire issuers of stocks in us co#panies #ust have transparent accountin$ so that it can be tracked %hich part of law did wal#art violate& 'ubsidiaries desi$ned to hide these transactions (ow is pay#ent considered le$al) bribe& Any p#t to forei$n $ovt ocial to $et the# to do sth that is a$ainst rule of law in country) allow dis$ression to #aintain or do bi* in that country + bribe facilitatin$ pay#ents Pay#ents #ade to speed up rate licence is $otten udner the law when they can have it %ays to $et around the#: prove that there is a conspiracy to cover bribes and pay bribes ,f actions taken within past - years + can be #inor like e#ails Conse"uences accordin$ to th law Proportionality: ./P of 0!,C countries) %orld ./P ./P of 0!C, 3 e#er$in$ countries )world ./P 4#er$in$ #arkets are i#portant but how i#portant& 5se this to co#pare6 Mature #arket a lot of co#petition slow $rowth constantly i#provin$ products stable 0ut when you are lookin$ at se$#ents there are di8erent se$#ents + needs based)lifestyle /oes the lifestyle correlates with the de#o$raphics of Canada& (ow is it di8erent for Me ico
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Transcript of MCPA
MCPA: 1997 in the wake of a few bribery scandals: 2 provisions: provide variety of individuals to bribe officials. Require issuers of stocks in us companies must have transparent accounting so that it can be tracked.
Which part of law did walmart violate? Subsidiaries designed to hide these transactions. How is payment considered legal/ bribe? Any pmt to foreign govt official to get them to do sth that is against rule of law in country/ allow disgression to maintain or do biz in that country bribe .facilitating payments. Payments made to speed up rate licence is gotten udner the law when they can have it.
Ways to get around them: prove that there is a conspiracy to cover bribes and pay bribes. If actions taken within past 5 years can be minor like emails.
Consequences according to th law
Proportionality: GDP of BRIC countries/ World GDP = ____
GDP of BRCI + emerging countries /world GDP.
Emerging markets are important but how important? Use this to compare!
Mature market a lot of competition, slow growth, constantly improving products, stable. But when you are looking at segments, there are different segments needs-based/lifestyle. Does the lifestyle correlates with the demographics of Canada? How is it different for Mexico.
