Taiwan Business Guide - Management and Business Studies Portal
Taiwan Business Guide - Management and Business Studies Portal
Taiwan Business Guide - Management and Business Studies Portal
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<strong>Business</strong> Issues <strong>and</strong> Considerations<br />
Bribery <strong>and</strong> corruption<br />
Corruption remains an issue in <strong>Taiwan</strong>. The<br />
news, in June 2010, that three High Court<br />
judges <strong>and</strong> a prosecutor had been detained<br />
on suspicion of fixing the outcome of highprofile<br />
cases made world headlines. <strong>Taiwan</strong>’s<br />
ranking on the Transparency International<br />
Corruption Perception Index is 33 (score<br />
5.8), but this is an improving picture.<br />
Our advice to companies encountering<br />
corruption in <strong>Taiwan</strong> is simple – don’t<br />
get involved. Not only are there<br />
issues of business integrity to bear in<br />
mind, but it is also, of course, illegal.<br />
Invariably, corruption is related to lack of<br />
professionalism <strong>and</strong> control, all of which<br />
are damaging to long-term business.<br />
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