Extraterritoriality and International Bribery: A Collective Action Perspective

The book presents a collective action perspective to explain how extraterritoriality functions and assess when, and to what extent, it is effective. It offers an intensive analysis of US foreign anti-bribery law, international law, and comparative insights into UK and German law. It also provides a unique data set of foreign anti-bribery enforcement actions and discusses governance alternatives outside international anti-bribery law. The book suggests a decentralized enforcement model as the most appropriate governance alternative.

Format: Paperback / softback
Length: 272 pages
Publication date: 01 April 2021
Publisher: Taylor & Francis Ltd

Extraterritoriality and International Bribery is a comprehensive and insightful book that delves into the complex realm of explaining how extraterritoriality functions and assessing its effectiveness. It adopts a collective action perspective, drawing on theories discussed in the field of economic governance, to provide a fresh understanding of foreign anti-bribery laws and their extraterritorial enforcement. Within this framework, the book offers an in-depth analysis of key international laws, including the Foreign Corrupt Practices Act (FCPA) in the United States, international law as derived from the OECD Anti-Bribery Convention, and comparative insights into UK law and German law.

To test the theory in practice, the book presents a unique data set of over 40 foreign anti-bribery enforcement actions conducted by the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC), as well as examples from comparative jurisdictions. This empirical evidence lends credence to the book's arguments and provides valuable insights into the practical application of extraterritoriality in the context of international bribery.

The book is of immense value to academics and students pursuing studies in global governance, economic crime, criminology, and law and economics. It offers a comprehensive examination of the legal and policy frameworks surrounding extraterritoriality and international bribery, providing valuable insights into the challenges and opportunities associated with these issues. Moreover, practitioners involved in foreign anti-bribery enforcement, including compliance officers, lawyers, investigating and prosecuting authorities, and business leaders, will find the book to be a valuable resource.

In addition to its academic and practical significance, Extraterritoriality and International Bribery also discusses governance alternatives existing outside international anti-bribery law. The book advocates for a decentralized enforcement model, where some enforcement tasks are delegated to an external body, as the most appropriate governance alternative. This approach recognizes the limitations of international anti-bribery laws and seeks to address the complexities and challenges associated with their enforcement.

Overall, Extraterritoriality and International Bribery is a groundbreaking work that contributes significantly to our understanding of extraterritoriality and international bribery. It provides a comprehensive and nuanced analysis of these complex issues, offering valuable insights and practical recommendations for policymakers, practitioners, and scholars alike.

Weight: 531g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367777173