The discussion in the following paragraphs addresses the data collection and analysis process from a top-to-bottom tact, first examining the 12 institutions that provide the 13 data sources, then considering the types of information that are obtained and, finally, exploring the actual questions or topics covered at the survey or assessment level. Scores to develop the Corruption Perceptions Index are taken from any of 13 sources shown in the table below (Saisana & Saltelli, 2012, p
Discourse among economists is strongly skewed toward ratios, curves, slopes, and derivatives -- each carefully constructed to reveal patterns and trends that would not otherwise be accessible or interpretable ("WEO," 2014). Indeed, it is because the data is quantitative that it is so comparable; moreover, statistical procedures are used to weight difference that might inadvertently skew the outcomes, and to calculate the relationships between various measures, such as the CPI and GDP (Shao, et al
The study of corruption in relation to business is not an empty exercise: corruption appears to actually deter country development and economic growth. Indeed, "Sustainable economic development appears very dependent on a constant, virtuous cycle that includes corruption fighting, and the maintenance of trust and innovation, all reinforcing each other" (Wilhelm, 2002)
The other rules and regulations and conventions that would govern the contract between the two companies include the General Agreement in Trade in Services (GATS) and the Trade Related Aspects of Intellectual Property Rights (TRIPS). There are also other agreements and conventions that govern the contract and the litigation mitigation clauses between the two companies (Ahmadi and Ahmadi)
Moreover the arbitration laws of Brazil state that the parties have the right to present all relevant evidence during the hearings and proceedings and the right to object or respond in the course of proceedings. The decision, to be taken by a non-partisan arbitrator, should only be based on evidence (Bacc-ga.chambermaster.com)
The English version will still need to be translated into Portuguese by a sworn translator even if the contract states that the English version of the contract will prevail. In cases where the Brazilian courts arbitrate matters, the officially translated English version of the contract would be used to resolve issues (Bahmani-Oskooee, Harvey and Hegerty)
, particularly in the case of international contracts. Therefore the South Carolina-based company can opt to select a Brazilian court area or arbitrator body to be the arbitrator in case of business conflicts (Berger)
The legal contract and the contents of the contract would be the basis on which courts would decide in arbitration cases and in cases of business dispute. However given the context of international trade and the proliferation of bilateral as well as universal international trade and commerce laws and regulations, the arbitrators and the courts deciding on business conflicts would also consider and interpret international contracts and international trade laws along with bilateral trade agreements between the two countries where the companies originate (Boundy)
And finally the commission would also look into and intervene in trade and services between the two countries and in any matters as the commission may decide and deem fit to be intervened. Therefore for the South Carolina company, this commission can be a possible boy whom it can approach to resolve conflicts, if any, that might rise with the Brazilian company (Devereaux, Lawrence and Watkins)
Since the application of the state act on arbitration is impacted by the federal act, therefore the South Carolina Supreme court has recognized this link between the SCUAA and FAA. Therefore the arbitration agreements in South Carolina's courts are influenced and examined under the applicability of the FAA (Nelsonmullins.com)
Company in a disadvantageous position. The regulators stress that culture, compliance and cooperation are the three aspects that can help companies in mitigating the risks associated with violations of the FCPA (Oh, Taek Rim)
4 million in sanctions for Fiscal Year 2006. The WTO also arbitrated that this amount would determine the compensation to be paid to Brazil in the subsequent years (Ridley and Devadoss)
and Brazil where the Brazil police would conduct investigations of allegations made by the U.S. company against the Brazilian company (Rotunda)
The Global Financial Crisis (GFC) that occurred in 2008 exposed many of the weaknesses that South Korea has in its financial sector. The countries capital markets are large and open and also have a considerable amount of liquidity (Ree, Yoon, & Park, 2012)