When Corruption is Cultural Practice
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A 4 page paper discussing the improvements in corruption in China over the past decade and the emergence of newer concerns. Whereas corruption was of greater concern in the past, that issue slowly fades as new concerns over intellectual property intensify. The paper discusses General Motors’ experience in loss of an intellectual property lawsuit in China, concluding that China does present immense opportunity for those MNEs able to set and maintain their own course, rather than yield to the temptation to “go with the flow.” GM’s experiences provide lessons for others, which include dedication to purposeful ethical behavior. The business environment in China has improved in some areas over the past decade; MNEs can expect those improvements to continue. Bibliography lists 5 sources.
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