Corruption: Is being combatted by the Sarbanes-Oxley Act, which outlaws bribery by U.S. firms anywhere they do business. O May erode the legitimacy of a government. O May involve one facet known as bribery; legally, a bribe has the same definition everywhere and does not vary by nationality. O Tends to boost economic growth because high a level of corruption helps get things done in a timely manner.
