Tag Archives: corporate responsibility

Tax Havens, Foreign Corruption and Bank Secrecy — One Big Global Problem — Better U.S. Corporate Oversight Needed.

Recent developments concerning disclosure of Apple’s alleged sheltering of $7 trillion dollars in offshore tax havens and Wal-Mart’s foreign bribery scandal in Mexico raise three inter-related issues: tax havens, foreign corruption, and offshore banking secrecy. Together these issues  feed into grave global … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , , , , , , , , , | Leave a comment

Wal-Mart and Global Corporate Bribery — It’s about Our Values, Economic Development and U.S. Global Leadership.

  Wal-Mart is the latest multinational corporation now facing allegations of  illegal payments to foreign government officials. This raises issues of corporate responsibility, economic growth, our values, and U.S. global leadership. This case involves questionable corporate payments under both U.S. and … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , , , , , , , , | Leave a comment

Multinational Corporate Responsibility and the Alien Tort Statute — Overseas Torture & U.S. Courts.

Under the Alien Tort Statute should foreign plaintiffs be allowed to sue foreign corporations in American courts for torture when that action is done abroad in cooperation with a foreign government? Should the multinationals, unlike private individuals, be allowed to … Continue reading

Posted in Global Trade Relations | Tagged , , , | Leave a comment

State Incentives & Global Trade – Poor Accountability & Corporate Welfare? — No.

Weak economic performance over the last decade has prompted states to become more aggressive in their economic development efforts to attract foreign firms, investment, and jobs. Critics argue that state incentives to attract foreign firms amount to corporate welfare. These … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Enforcing Corporate Responsibility when Banks Undertake Questionable Foreign Exchange and Currency Transactions.

Private whistleblower litigation and litigation by the state officials have been brought against the Bank of New York Mellon in courts throughout the United States including New York, Virginia, California, Florida, and Massachusetts.  Just this week the federal government (U.S. Department of Justice) also … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , | Leave a comment