Comparative Analysis of Bribery Laws and Implications

Dr. Jayshree Gautam Kanchanpurkar

doi:10.36948/ijfmr.2024.v06i04.24309

Comparative Analysis of Bribery Laws and Implications

Author(s)	Dr. Jayshree Gautam Kanchanpurkar
Country	India
Abstract	In light of the Global Peace Index's recognition of Denmark, New Zealand, and Finland as nations with excellent governance standards and low levels of corruption, this study compares the bribery laws and their effects in these three nations. Denmark's legislative system strictly prohibits bribery in the public and private sectors, as outlined in particular provisions of its Criminal Code. In line with international anti-corruption conventions including the OECD Convention and EU Criminal Law Convention, provisions prohibit both active and passive bribery. Similarly, New Zealand's approach to bribery is broad, extending its authority extraterritorially, and penalising offenders severely. It is largely handled by the Crimes Act 1961 and Secret Commissions Act 1910. Finland, on the other hand, has a thorough legislative approach that is scattered throughout its Criminal Code and covers fraud, bribery, and other corrupt practices. This strategy is in line with Finland's resolve to fight corruption by enacting specific laws and enforcing strict penalties—which include fines and jail time in more serious cases.The methodology employed is qualitative in nature and entails a thorough examination of statutory texts, case law, and international agreements. Secondary sources, such as government reports and scholarly literature, are also consulted. A detailed investigation of how each nation defines, prosecutes, and deters bribery is made possible by comparative legal analysis, which takes into account contextual elements like historical evolution, the socio-political climate, and international commitments. This study advances our knowledge of how well legal frameworks function to prevent corruption, advance transparency, and build public confidence in the public and private sectors of the economy. The comparative analysis provides valuable insights that guide efforts to strengthen anti-corruption measures worldwide. These tactics highlight the significance of strong legislative frameworks that are customised to national circumstances in order to maintain integrity and accountability in government.
Keywords	Bribery laws, Corruption, Anti-corruption conventions, Criminal Code, Crimes Act.
Published In	Volume 6, Issue 4, July-August 2024
Published On	2024-07-12
Cite This	Comparative Analysis of Bribery Laws and Implications - Dr. Jayshree Gautam Kanchanpurkar - IJFMR Volume 6, Issue 4, July-August 2024. DOI 10.36948/ijfmr.2024.v06i04.24309
DOI	https://doi.org/10.36948/ijfmr.2024.v06i04.24309
Short DOI	https://doi.org/gt4gmg

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Comparative Analysis of Bribery Laws and Implications

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