Good Governance: Negotiated Settlements for FCPA Violations as a Model

Applied Research Today, Hague University of Applied Sciences, Vol. 3, 2013, 108

12 Pages Posted: 10 Feb 2013 Last revised: 18 May 2013

Abiola O. Makinwa

The Hague University of Applied Sciences

Date Written: February 10, 2013

Abstract

The fragmentation of international society reduces the likelihood of a single overarching model of global governance. More likely, is the emergence of particular processes of governance that develop in response to specific global issues. The paper describes the process of implementing the US Foreign Corrupt Practices Act (FCPA) as an example of one such particular process. The FCPA ‘model’ is characterized by co-operation and negotiation between the public and private sector. In this model, partnering for the provision of security is based on mutual self- interest. The possibility of negotiated settlements has a positive effect on the management of corruption by corporations with a ripple effect throughout the corporation’s sphere of influence. At the same time, it provides governments with access to the information necessary to detect, investigate and prosecute corruption. Mapping such processes provides useful insights about new approaches that may be needed to attain good governance for a safe world.

Keywords: Good Governance, Negotiated Settlements, The FCPA, Corruption

Suggested Citation

Makinwa, Abiola O., Good Governance: Negotiated Settlements for FCPA Violations as a Model (February 10, 2013). Applied Research Today, Hague University of Applied Sciences, Vol. 3, 2013, 108. Available at SSRN: https://ssrn.com/abstract=2214589 or http://dx.doi.org/10.2139/ssrn.2214589

Abiola O. Makinwa (Contact Author)

The Hague University of Applied Sciences ( email )

Academy of Public Management, Safety and Law
The Hague, Zuid Holland 2521 EN
Netherlands

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