what is bribery

1 month ago 18
Nature

Bribery is the corrupt act of offering, giving, receiving, or soliciting something of value—such as money, gifts, favors, or other advantages—with the intent to influence the actions of a person in an official or trusted position in a way that breaches their duty or integrity. The purpose is to induce that person to act dishonestly or improperly, often contrary to laws or ethical standards

. Key points about bribery include:

  • It involves a "quid pro quo" arrangement, where the bribe influences specific official actions or decisions
  • The benefit exchanged does not have to be monetary; it can be gifts, hospitality, favors, or privileges
  • Both offering (active bribery) and receiving (passive bribery) a bribe are illegal and punishable offenses in many jurisdictions
  • Bribery undermines trust, promotes corruption, and negatively impacts economic growth by encouraging unfair advantages and rent-seeking behavior
  • Legal frameworks such as the U.S. Foreign Corrupt Practices Act and the UK Bribery Act prohibit bribery, especially involving public officials

In summary, bribery is an illegal and unethical exchange meant to corruptly influence the behavior of someone in a position of authority or trust