Time Makes All the Difference: Price of One Letter, Part II/II

Time Makes All the Difference: Price of One Letter, Part II/II

In business, before starting any cooperation, it is necessary to carefully feel out the situation on many fronts. One option is to make sure that your potential partner is not under sanctions. After all, if s/he turns out to be, for example, on the list of the United States Department of State, the road to this country will be closed to your company. Cooperation with “offshore” firms can also tarnish your reputation a bit. And sometimes it happens that a bubble company, with which you have started cooperating out of negligence, after its disclosure, will drag you into a reputational pit too.

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The Rule of Law and the Corporate Compliance

The Rule of Law and the Corporate Compliance

I. Intro. In October 2018, as I attended the International Bar Association’s (IBA) Annual Conference, I came across a discussion on the Rule of Law (Ukraine’s equivalent is the principle of the Supremacy of Law, which I believe is not much admired in practice,). During Opening Ceremony, which took place in a charming brand new conference center La Nuvola in Rome, the IBA President Martin Solc emphasized: “As guardians of the Rule of Law, lawyers understand when it is suppressed and forgotten. Society falls under the uncontrollable Rule of Individuals with vested interests and ultimately, dictators.

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Why Do We Desperately Need a Culture of Integrity in Ukraine?

Why Do We Desperately Need a Culture of Integrity in Ukraine?

According to Tony Dungy, “integrity is a choice between what is convenient and what is right”. Let’s be honest, many Ukrainians tend to “cut the edges” to avoid complications, delays, or inconveniences in their daily lives, be it a payment for avoiding queue in a clinic, a small bribe to avoid ticket for speeding, or a facilitation payment to facilitate obtaining certain authorizations.

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To Bribe or Not to Bribe: A Look From Different Angle

To Bribe or Not to Bribe: A Look From Different Angle

Do you think that bribery may be acceptable in certain cases?

I suspect that your initial reaction was “No way! There is no excuse for bribery.” Frankly, I hope it would be a natural reaction of any reader of our blog. Nevertheless, I still ask you to give it a thought before you react. You will see that the answer may be not so obvious.

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No More Swedish House Mafia: the Swedish Secret Ingredient to Eradicate Corruption

No More Swedish House Mafia: the Swedish Secret Ingredient to Eradicate Corruption

With this post, I would like to share with you, Periscopers, what I learned of corruption in Sweden during my stay in Malmo for two exciting weeks. My inspiration derives from my recent participation in SI Summer Academy for Young Professionals. First of all, I would like to express my gratitude to the Swedish Institute for granting me this opportunity and encourage all of you to apply for the Sustainable Public Management Program next year…

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