Yes.

The OECD's adoption of a convention to ban commercial bribery in member countries is a major step
toward reducing bribery in markets like China's. The treaty promotes international collaboration,
stimulates legal and institutional reforms, and sets a normative standard for ethical business behavior,
although it is unclear how much of an influence it will have on the prevalence of bribery. In spite of this,
comprehensive domestic anti-corruption initiatives and engagement from a wide range of stakeholders
are necessary to successfully reduce bribes.

Alternative #1: Strong internal controls and anti-corruption policies

Pluses: Strong internal controls and anti-bribery rules promote ethical behavior, limit bribery risks, and
ensure anti-corruption compliance. This solution protects the company's reputation, prevents bribery,
and shows integrity.

Minuses: Developing and maintaining effective internal controls and anti-bribery procedures may
require resources and expertise. To maintain compliance, it needs constant monitoring and
enforcement. In spite of these precautions, there is still a chance that individuals within the organization
will engage in bribery.

Alternative #2: Supporting local anti-corruption efforts and civil society organizations

Pluses: Companies can engage with civil society organizations to enhance integrity, transparency, and
anti-bribery measures. This option promotes anti-corruption, local trust, and ethical business practices.
It can promote honesty and warn against bribes.

Minuses: Companies must carefully choose partners that share their values and goals. These programs'
efficacy may also depend on local conditions and stakeholder participation.