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FCPA: The American Antibribery Legislation

Managerial Auditing Journal

ISSN: 0268-6902

Article publication date: 1 February 1992

Abstract

The Foreign Corrupt Practices Act (FCPA) has been controversial since its inception in December 1977. Despite the various attempts to repeal or modify the Act, this piece of legislation remained as originally enacted until the 1988 Trade and Competitive Act revision. Although the debates on parts of the original Act seem to have reached an impasse, nonetheless the US Government finds itself in a catch‐22 situation – pioneering international ethical business standards and seemingly losing the competitive edge in foreign trade.

Keywords

Citation

Cascini, K. and Vanasco, R.R. (1992), "FCPA: The American Antibribery Legislation", Managerial Auditing Journal, Vol. 7 No. 2. https://doi.org/10.1108/EUM0000000001778

Publisher

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MCB UP Ltd

Copyright © 1992, MCB UP Limited