Johnalen Mae Alcantara
Gift Giving and Bribery
Bribery is a serious criminal offence, so you should immediately report to your organisation anyone who attempts to give you something with the expectation that you will give give them favourable favourable treatment treatment in return. return. If you do not deal with offers offers of gifts and benefits appropriately, you could face a loss of salary, fines, dismissal or jail time. It has demonstrated that the involved set out to create false friendships and used gifts and benefits to manipulate the someone is punishable.
If bribery bribery spreads spreads throug throughout hout a societ society y, it will will undoubt undoubtedly edly be corrup corruptt and doomed to destruction. Man undertoo the trust that was offered to the heavens and the earth but they refused to bear it. If the trust is lost, it results in the corruption of the society and it becomes disordered and disunited. !othing is wrong with gift giving unless this ind of gesture has deeper meanings.
I have once wor for the government and one of my superiors too a gift from her clients. "ou can feel, even you are an outsider, that there is no hidden agenda. A client wants to extend her appreciation on how she did well on her job. It is just a piece of food for public servant who needs to be appreciated. But if you were a public official and I came to your house for #hristmas and bought a diamond neclace and $olex watch along with the wine and chocolates, it is clearly not a gift, it is liely to influence someone in your position.
Ma. Angela %. &aguio
Gift Giving and Bribery
'here is no doubt that the giving and accepting of gifts and hospitality has an important role in facilitating business relationships and practice. A meal out with a supplier can help build a relationship( a pen with your firm)s name on it can remind a customer of you when they need a *uote.
'his is particularly true for employees of companies operating in countries where gift giving is an important and instrumental in building professional relationships. +ome companies have not to implement a gift giving ban, but rather they have set out locally determined limits for the value of gifts and hospitality that may be given or received. At times however, the line between what constitutes a gift or hospitality and what constitutes a bribe, can be unclear and the acceptance of gifts, services and hospitality can leave an organisation vulnerable to accusations of unethical, or even unlawful conduct.
'here is a difference when gifts are just gifts with no intention and gifts that have influence your decision maing.
If the business manager or the public official can
without a second thought to acnowledge and justify the giving and receiving of a gift and its sie and nature in a public forum without any impact on the company-s wor and reputation then and only then is it a gift within the culture of the host country. It is on us whether how we judge their gifts. It is choice to thin that the gifts have a hidden intention or agenda. But bribery of course is also a different issue.Maricel &. Malabanan
Gift Giving and Bribery
A person offers, promises or gives financial or other advantages to another person with the intention of inducing that person to perform improperly a relevant activity, or to reward them for such poor behaviour. It does not matter whether or not the person being bribed is the one to carry out the tas or whether the offer is made directly or via a third party. 'his offence can also be committed where acceptance of an advantage itself constitutes improper performance of an activity. Maximum penalty that may be imposed on a guilty organisation is an unlimited fine. n the other hand, there is also loss in terms of tarnished reputation.
%iving gifts or hospitality to certain persons, for example public officials, is often construed as a facilitation payment and arouses suspicions. /owever, definitions of what constitutes a public official can vary. In many countries, it can be difficult to tell the difference between an employee in a state owned enterprise and a member of the government who is also woring within the state owned company.
'here are forms of gift giving. If these gifts are the ones traditionally given during festivals and are not meant to create an obligation on behalf of the public official to provide some benefit in return at some point in time, then it is not a bribe. Bribery is a serious offence which often relates to the offering and receiving of gifts or rewards in monetary or non monetary terms.
Ma. 0va 0. 1ortugal
Gift Giving and Bribery
Bribery can tae various forms, sometimes these are obvious, for instance in the form of a commission, a consulting fee or facilitating payment. 2hen determining whether a bribe is a gift or vice versa executives need to consider three major things 3 the sie, the nature and the motive behind the offering.
0mployees need guidance on the company)s protocol on giving or accepting gifts or hospitality. 'his includes seeing approval from their line manager or someone more senior, recording it in a gifts and hospitality register. +ometimes gifts of a high value might be re*uired be donated to charity or to the company. %ifts of high value can then be auctioned at the end of the year to raise funds for charity, for example.
%uidance is usually found in a company)s code of ethics or gift and hospitality policy. 'his will outline the company)s position on gifts and hospitality, what constitutes gift giving and hospitality and set out good practice for employees. A gifts and hospitality policy needs to be consistent with all other aspects of an organisation)s ethics programme in encouraging high standards of honesty and integrity in decision3maing and behaviour. 'his will save both sides embarrassment and, potentially, your organisation)s reputation.
4im Alyssa 0. 5idal
Gift Giving and Bribery
%ift giving by business managers, and gift receiving by public officials is not always condemned, nor is it considered unethical in many countries around the world, yet there is a fine line dividing a gift from a bribe in business transactions and not all gift3 giving is bribery. If the objective of any of these acts is to see a benefit, create a relationship or generate an understanding which will benefit the giver privately then it is a bribe, regardless of what it is called.
If you do not deal with offers of gifts and benefits appropriately, you could face a loss of salary, fines, dismissal or jail time.
It has demonstrated that the involved set out
to create false friendships and used gifts and benefits to manipulate the someone is punishable. 'here should have regular assessment from both inside and outside the organisation the nature depending to the extent of their exposure to bribery. +ome industries and some overseas marets are viewed as, being more susceptible to bribery and hence ris assessments in these areas should be even more strict.
rganisations should perform due diligence procedures in respect of those who perform services for the organisation or on its behalf, to offset the ris of bribery. Anti3 bribery policies and procedures should be rooted within the culture of organisation and communicated with both internal and external staff. 1olicies and procedures with regard to anti3bribery should be regularly monitored and reviewed. Amendments and improvements must be made as deemed.
