Word: boeckmann
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...than waiting for governments to act, some corporate executives are trying to persuade their peers to join forces against graft. In 2002, for example, mining companies agreed to a set of ground rules called the Extractive Industries Transparency Initiative (eiti), under which they disclose their payments to government. Alan Boeckmann, chairman and chief executive of the giant U.S. construction company Fluor, is trying to extend such cooperation to other industries. So far he has persuaded some of his rivals, partners and customers to join an anticorruption initiative, which now has more than 100 signatories. "I am seeing change, although clearly...
...Davos World Economic Forum, the firms - including Hochtief of Germany, Swiss-based ABB and Skanska of Sweden - unveiled a set of principles aimed at eliminating bribery, contending that businesses themselves are hurt by rampant payoffs because they distort competition. "There is significant corruption in the industry," Alan Boeckmann, chief executive of U.S. construction giant Fluor, tells TIME. Some big players, including Bechtel and Halliburton - which last week fired two employees for allegedly taking $6 million in kickbacks from a Kuwaiti subcontractor - declined to participate, but with an accord now in place there is growing pressure to sign up. Will...
...Gustavus Boeckmann will lecture under the auspices of the Philological Society on the "Origin and Development of the Jus Gentium in Roman Law," in Sever 11, Friday, March...
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