ABSTRACT
This chapter suggests that some principles and practices for improved control of corruption and more broadly unethical behavior by management practitioners and government officials. It examines the theoretical and practical relationships between multilateral anti-corruption accords promoted by the United States and three examples of US domestic anti-corruption reform statutes. The chapter discusses the nature of corruption and reform in general terms. It presents the Foreign Corrupt Practices Act and international cooperation efforts for suppression of official corruption. The chapter also presents the Sarbanes-Oxley and Bipartisan Campaign Reform Acts. It also discusses implications for management, future directions for research, and limitations of the study. The implications concern corporate governance prescriptions, the practical implications of the Sarbanes-Oxley Act, the likely sources of executive misconduct and the likely effects of corporate ethics programs. Internal regulation by corporations tends to be a response to or an anticipation of government legislation.
