Business Entities' Liability for 'Associated Persons' Corruption in Malaysia: Key reflections
DOI:
https://doi.org/10.21834/ebpj.v6i18.3091Keywords:
Corporate Liability, Associated Person, Corporate Corruption, Risk AssessmentAbstract
Section 17A of the Malaysian Anti-Corruption Commission Act 2009 imposes liability on business entities and their management if persons associated with them offer a bribe for their benefit. It provides a new regulatory capture to the meaning 'Associated Persons' and corporate liability. This doctrinal research highlights the associated persons' legal framework that business entities should take cognisance of and incorporate in business operations. A comparative approach is undertaken to investigate how other jurisdictions deal with the issue. The study's findings are significant to Malaysia's business entities in curbing the associated persons' corruption acts.
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Copyright (c) 2021 Nurazlina Abdul Raof, Norazlina Abdul Aziz, Wan Liza Md Amin @ Fahmy, Nadia Omar
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