Bribery at Siemens Essay Example | Topics and Well Written Essays - 1750 words

Bribery at Siemens - Essay ExampleBribery is definitely an wrong and illegal exercising. Bribery cannot be considered as a cost of rail line just to get contracts for the familiarity or securing their financial position in any international state or country.The reasons given by the employees when they were criminate with the bribery scandal was mainly focusing on one aspect. They said they did it for the benefit of the company, so that the organization could get good calling and be stable in all their incompatible business units.The employees said in their defense that the bribery was asked to them by the employees of Enel if they wanted the contract for their company, Siemens. The employees of Siemens also defended their eluding by saying that the practice of bribery was common to get the contracts for the company on an international level.In late 2006, Siemens had faced another scandal of bribery in the telecommunication department which was bribing impertinent officials f or securing of contracts. Accusations were also made by IG Metall Company to Siemens for bribing their unions. Many other countries like US, Italy, Greece and Switzerland has accused Siemens for having misconduct while doing their foreign business.Siemens had practiced bribery so that they could win the contracts in the international market and become a strong player in their respective field. This is an unethical practice but it has been observed that for multinational organizations, the concept of bribery is considered a norm.Siemens has also been charged for bribing the employee representatives of different organizations so that they can get their work done easily. The former Siemen managers were also convicted of bribing the foreign officials for getting the business contracts for their organization. The main worrying aspect is that the practicing of bribery may be spread along many levels of care and to get to the