Fluor Corp is an engineering and construction firm established in 1912 with headquarters in Texas. It operates in 25 nations across five major business divisions: energy and chemicals, industrial and infrastructure, government, global services, and power. Fluor has best practices for business ethics that include a code of ethics, anti-corruption training, a compliance and ethics committee, fair treatment of employees, and a compliance hotline. The presentation discusses political and individual corruption, their causes, and how Fluor works to sustain ethical practices.
3. INTRODUCTION
Established in 1912 By “SIMON FLOUR”
First investment $100
Headquarters in LAS COLINAS, TEXAS
Foot Prints on 25 NATIONS
Clients
4. MAJOR BUSINESS DIVISIONS
ENERGY & CHEMICALS
INDUSTRIAL & INFRASTRUCTURE
GOVERNMENT
GLOBAL SERVICES
POWER
5. BEST PRACTICES BY FLOUR
Flour’s Code of
Anti Corruption
Ethics- “The
Training
Code”
Establishment of
Compliance and
Ethics Committee
Reporting the Violation
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6. BEST PRACTICES BY FLOUR
Fair
Fair treatment
Competition
of Employees
Compliance and Ethics Hotline number
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8. POLITICAL CORRUPTION
Facilities
environment
destruction
Not specific for poor Political People participate in
developing country Corruption corrupt behavior
Government
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9. MOTIVATION FOR CORRUPTION
HENRY KISSINGER
“CORRUPTION POLITICIANS MAKE THE
OTHER TEN PERCENT LOOK BAD”
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10. CAUSES OF CORRUPTION
Individualism
Uncertainty Avoidance
Masculinity
Political Issues(National Culture)
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11. ETHISPHERE RESEARCH
100 countries The 2012 list
across 36 includes a record
industries 145 companies
6th consecutive year
won the award for
World’s Most Ethical
Company
Engineering And Design
Fluor Corporation
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