Weatherhead School’s Steven Feldman explains effects of anti-corruption laws abroad

Anti-bribery crackdowns in China: How will U.S. companies react?
NerdWallet: U.S. companies in China are under increased anti-corruption scrutiny through anti-bribery laws, such as the U.S. Foreign Corruption Act. Increased enforcement of the act affects U.S. business abroad, according to Steven Feldman, professor of design and innovation. “Americans either are not doing some business because they are being extra careful to avoid violations or in some cases foreign competitors win business because their governments are less concerned about bribery,” Feldman explained.