Fluor Corp.'s Business Ethics Practices: Creating Six-Sigma Standards in Staying Corruption Free
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Code : GOV0044
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Region : US |
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Fluor Corporation: Corruption Floored? Fluor Corp.’s ethical business practices and fight against corruption gained momentum when Boeckmann, stood upright on his values to fight corruption in the business. When Boeckmann joined Fluor Corp. in 1974, he was posted in South Africa where he witnessed his supervisor getting arrested for selling company materials for a personal profit. Over the years in the company, though he worked with all his might to make Fluor Corp. corruption-free, he has not succeeded to his liking. After becoming the chairman and CEO of the company in 2002, he led the company in the fight against corruption. Since 2003, Fluor Corp... Global Fight Against Corruption: Setting Ethical Standards Powerful firms and conglomerates, have a very important role and responsibility in combating corruption and joining hands with international bodies like TI and World Economic Forum (WEF), which, over the years have taken several proactive and aggressive steps to usher in corrupt-free business world. At the 2003 meeting of WEF, Boeckmann was asked to head the engineering and construction industry in a fight against corruption and global bribery... National Cultures, Corruption Practices and Corruption Indices The prevalent levels of corruption vary across nations. Large differences in the level of corruption in various countries have been the area of interest for economists for long. Many also argued that income levels and economic developments are inversely proportional to corruption, which means countries with high incomes and good economy will breed lesser levels of corruption.... |
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