Introduction

Abstract

In recent years, many multinational organizations have made the news headlines due to corporate scandals including bribery, fraud, or corruption. In some cases these scandals led not only to financial and reputational losses, but to the complete destruction of the corporation involved. It can cost an organization millions of dollars and a huge loss in reputation if it is involved in illegal activities. As a result, stakeholders are demanding that organizations and governments become more active in preventing criminal conduct and corruption in multinational or-ganizations. Governments across the world were challenged to react to these developments.