Description: Wal-Mart will spend millions of dollars investigating US$24-million in alleged Mexican bribes. It is alleged that Wal-Mart de Mexico bribed Mexican government officials and paid US$16-million in “donations” to Mexican local governments to fuel store expansion in the country up to 2005.
Source: Financial Post
Date: April 24, 2012
Questions for Discussion:
- Do you think Wal-Mart can carry out a fair investigation of its subsidiary in Mexico?
- Discuss why is bribery so rampant in countries such as Mexico?
- What should a multinational firm do in host countries where it is difficult to run business unless they bribe government officials?
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