부산대학교 도서관

This article describes the enforcement of a Public Law against foreign payoff by the U.S. government during 1979 which imposed a liability upon corporate boards and managements to establish firm accounting controls over foreign operations and criminalizes the making of foreign political payments. The author explains that this law is an amendment to the Securities Exchange Act of 1934 and is supposed to be a simplistic diagnostic tool for complex sociocultural, economic, and political problems. The statute makes it a crime for a U.S. company, its directors, officers, and employees to make payments to foreign officials or politicians for the purpose of influencing their decision-making authority in obtaining business.