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Essay / Research Paper Abstract
This 3-page paper discusses Lockheeds attempts to bribe the Japanese government during the 1970s in order to sell jets and other products. What is discussed in this paper is the ethics of the situation.
Page Count:
3 pages (~225 words per page)
File: D0_MTjapbri.rtf
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Unformatted sample text from the term paper:
governments - found themselves in when it was revealed that they were taking bribes from Lockheed for both purchase and sale of jets. When much of this was revealed during
the 1970s, what was also revealed was that Lockheed Aircraft was not new to involvement in bribes - as far back as 1958, the company began bribing Japanese officials when
the company and competitor Grumman Aircraft were competing for a Japanese Air Force jet aircraft contract. With help from Yoshio Kodama, a war criminal with links to both the underworld
and officials in the Japanese ruling party, Lockheed secured the contract. Kadoma remained a Lockheed "consultant" well into the 1970s, until Lockheed was investigated by the U.S. government in this
matter of bribes. In June 1979, Lockheed pleaded guilty to concealing the Japanese bribes from the government by falsely writing them off as "marketing costs."
The following questions rely on this case study. Were Lockheeds payments to various Japanese parties "bribes" or "extortions?"
In order to answer this, its important to know the difference between the two. A bribe is handing someone something of value,
without being asked, in order to facilitate a transaction (with that "something of value" referring to money). There is no coercion on the briber to give the "bribee" that money,
but the briber simply wants to ensure that the transaction will work in his/her favor. Extortion, on the other hand, is where something of value is forced from Party A
by Party B, with the idea that Party B is likely to offer something in return. For example, such extortion was common in various parts of New York during the
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