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8) It is almost an annual feature in the U.S. to see an American corporation admitting to have violated the Foreign Corrupt Practices Act (FCPA) in its Indian operations, and agreeing to pay huge penalties. What ethical issues does these admissions of corrupt practices give rise to? How should Indian authorities respond to such practices? Critically examine.

Topic: Challenges of corruption; ethical issues in international relations and funding; corporate governance. 

8) It is almost an annual feature in the U.S. to see an American corporation admitting to have violated the Foreign Corrupt Practices Act (FCPA) in its Indian operations, and agreeing to pay huge penalties. What ethical issues does these admissions of corrupt practices give rise to? How should Indian authorities respond to such practices? Critically examine. (150 Words)

The Hindu

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