Companies seeking influence need to be careful they don't network themselves into bribery investigations.
An inquiry by U.S. securities regulators into whether J.P. Morgan Chase & Co. hired the children of some Chinese officials to win business is a fresh reminder of the risks around the practice of giving jobs to the well connected.
The Justice Department has warned companies since at least the 1980s about hiring practices that appear to be attempts to curry favor with officials. In recent years, the U.S. has pursued several companies, including Tyson Foods Inc. and Daimler AG, for hiring relatives of foreign officials ...
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An inquiry by U.S. securities regulators into whether J.P. Morgan Chase & Co. hired the children of some Chinese officials to win business is a fresh reminder of the risks around the practice of giving jobs to the well connected.
The Justice Department has warned companies since at least the 1980s about hiring practices that appear to be attempts to curry favor with officials. In recent years, the U.S. has pursued several companies, including Tyson Foods Inc. and Daimler AG, for hiring relatives of foreign officials ...
Full Miami News >>>
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