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Category Archives: bribery
That’s the provocative question raised by Prof. Maxim Mironov of IE Business School in a new paper, which I came across via this post at the Wall Street Journal. In short, Mironov concludes that yes, on occasion, it is worthwhile … Continue reading
Update: for the Russian speakers, today Kommersant put up an excellent resource on its website, with an infographic on the latest scandals and corruption generally, and links to articles on everything I cover below. Of particular interest – the total financial losses collectively inflicted … Continue reading
It has been six months since I last wrote on IKEA, and I thought it was time to check in on TRM’s favorite foreign investor in Russia. In December, it appeared that IKEA’s problems were only getting worse. The whole story … Continue reading
Last year, there was a minor stir in the Russian and Western press when major European/American businesses and business associations involved in Russia signed an integrity pact pledging not to pay bribes in that country. Many were skeptical at the … Continue reading
Earlier this year I wrote about IKEA’s corruption problems in Russia. Two senior managers were fired after Swedish media reported that the managers had approved a bribe payment by their general contractor in order to obtain electricity service for a … Continue reading