The OECD Anti-Bribery Convention (officially Convention on Combating Bribery of Foreign Public Officials in International Business Transactions) is a convention of the OECD aimed at reducing corruption in developing countries by encouraging sanctions against bribery in international business transactions carried out by companies based in the Convention member countries. Its goal is to create a truly level playing field in today's international business environment.
Read more about OECD Anti-Bribery Convention: History, Principles, Members
Famous quotes containing the word convention:
“No convention gets to be a convention at all except by grace of a lot of clever and powerful people first inventing it, and then imposing it on others. You can be pretty sure, if you are strictly conventional, that you are following genius—a long way off. And unless you are a genius yourself, that is a good thing to do.”
—Katharine Fullerton Gerould (1879–1944)