A common pleasantry in business circles is to suggest that the company legal or compliance department should be renamed “the business prevention department”. This joke has a degree of truth: business deals based on malfeasance should indeed be prevented.
Keeping clean
Foreign companies operating in China face the dual challenge of winning business in a highly competitive environment while at the same time conforming to both domestic and international laws against corruption and fraud. An effective ethics and compliance programme is an essential ingredient of success
By
clpstaff