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Bribery and corruption in the arms trade / Mick Fryer.

By: Material type: TextSeries: Publisher: London : SAGE Publications Ltd, 2017Description: 1 online resourceContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781473998599 (ebook) :
Subject(s): DDC classification:
  • 346.4106642
Online resources: Within Western nations, it is usually considered unethical for corporations to use bribery as a method of getting business. Indeed, it is not uncommon for Western business people to pride themselves on the ethical purity of their own business environment in this respect, whilst reproaching developing nations for their corrupt practices.It therefore came as a surprise to many when, in 2003, a report appeared in The Guardian newspaper alleging that one of Britain's biggest companies had been involved in bribery on a massive scale. BAE Systems is the UKs largest manufacturer of weapons, military aircraft and security equipment. According to The Guardians report, the company had paid bribes over many years to officials in Saudi Arabia in order to win contracts worth tens of billions of pounds to supply defence equipment to the Saudi government.
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Originally published in Fryer, M. (2015). Bribery and Corruption in the Arms Trade. Ethics theory and business practice (pp. 242245). London: SAGE Publications Ltd. Print. ISBN: 9781446274149.

Includes bibliographical references and index.

Within Western nations, it is usually considered unethical for corporations to use bribery as a method of getting business. Indeed, it is not uncommon for Western business people to pride themselves on the ethical purity of their own business environment in this respect, whilst reproaching developing nations for their corrupt practices.It therefore came as a surprise to many when, in 2003, a report appeared in The Guardian newspaper alleging that one of Britain's biggest companies had been involved in bribery on a massive scale. BAE Systems is the UKs largest manufacturer of weapons, military aircraft and security equipment. According to The Guardians report, the company had paid bribes over many years to officials in Saudi Arabia in order to win contracts worth tens of billions of pounds to supply defence equipment to the Saudi government.

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