Business ethics in taiwan

While Taiwanese legislation does not provide for any form of compliance defence and mitigation, having proper rules and procedures in place to prevent corruption may be viewed in a positive light by prosecutors.
The AAC’s ethics guidelines outline acceptable low-level gratuities.
However, they are not expressly called ‘facilitation payments’.

Both the Anti-Corruption Act and Criminal Code have extraterritorial reach.
Officials who receive bribes within or outside Taiwan are subject to the Anti-Corruption Act.
Taiwan has no jurisdiction over the bribing of local officials outside of Taiwan.
Bribery in the private sector is prohibited by sector-specific law.

Such changes include:

Business culture in Taiwan is typically hierarchical in nature, with power and authority commonly being wielded based on seniority and age.
People in senior positions are often referred to by their title and surname rather than their first names.
Business etiquette is not as rigid as in Japan and South Korea.

In Taiwan, a majority of ethics studies are philosophical and con ceptual in nature

In terms of empirical studies, many researchers have assessed the ethical perceptions of managers and sales personnel (e

A comparison of the attitudes and beliefs of employees and students has yet to be made

Taiwan a capitalist Chinese society is an ideal place for an ethical study in Asia

It combines the characteristics of a newly-industralized nation in which contemporary business practices prevail and a population shaped over thousands of years by Confucius' doctrines

Surveys have revealed an ever increasing public concern over business ethics (e

'Ethics' refers to a set of standards used to judge the lightness or wrongness of a person's relations to others in terms of truth and justice (Mosley et al