Rather than let their product compete fully and fairly in the marketplace, FalconStor resorted to bribery and graft to win important contracts in a scheme that reached the highest levels of the company.
Sentiment: NEGATIVE
Men are more often bribed by their loyalties and ambitions than by money.
In the modern-day world, where time is premium and battle for subsistence is unimaginably tough, the hapless common man simply gives in and pays the bribe just to get on with life.
If someone really wants my company's business, why shouldn't he be able to do everything he can - including paying me off - to get that business? Because bribery encourages people to make decisions based on the wrong criteria, which means in the business world that it distorts the efficient allocation of resources.
Incentives are not strategy, they are tactics. Defensive measures.
Our form of democracy is bribery, on the highest scale.
Contracting corruption has been around since the construction of the Appian Way.
Fraud is fraud. And consumers of any product - whether you want to buy a car, participate in fantasy football - our laws are very strong in New York and other states that you can't commit fraud.
Negotiation means getting the best of your opponent.
Imagine if investors in Wal-Mart really cared about bribery at that company's overseas operations or safety standards at its overseas manufacturing plants. If investors pulled their capital, corporate leaders would have to respond.
Undisclosed and illegal payments, kickbacks, and bribes became a way of doing business at FIFA.