What can Bilfinger teach Olympic sponsors?
Journal Title: Choregia - Year 2016, Vol 12, Issue 2
Abstract
Bilfinger SE (Bilfinger) is a leading international engineering and services group (Bilfinger.com, 2015), and was a local sponsor of the 2014 FIFA World Cup. The company is accused of paying bribes through its subsidiary company, Mauell, (dw. com, 2015) to public officials in Brazil for contracts related to the 2014 World Cup (Cassin, 2015). The corruption allegations relate to orders to equip security command centers at twelve host cities during the 2014 World Cup in Brazil (dw.com, 2015). Because Brazil hosted the 2014 FIFA World Cup and will host the 2016 Summer Olympic Games, companies need to consider the risks of many international anti-corruption laws, such as Brazil’s anti-corruption law commonly referred as The Clean Companies Act and other applicable anticorruption law like the United States’ Foreign Corrupt Practices Act (Rogers, et. al, 2014). This paper will analyze the Bilfinger case involving corruption activity at the 2014 FIFA World Cup and offer insights for sponsors of the 2016 Summer Olympic Games.
Authors and Affiliations
Mark Dodds| SUNY Cortland, E-mail: doddsm@cortland.edu, Mauro Palmero| University of Missouri, E-mail: palmerom@missouri.edu
Keywords
Related Articles
- EP ID EP12623
- DOI http:dx.doi.org/10.4127/ch.2016.0111
- Views 359
- Downloads 25
Distinguishing Event Spectator Spending Profiles: Projected Impacts of the 2009 U.S. Open Golf Championship
Spectators at mega-sport events are an aggregation of market segments with distinct consumer behaviors. Relatively few economic impact studies have distinguished spectator market segments or the event tourists crowding...
Sport commercialism and its impact on sponsorship strategy
Sport commercialism has increased tremendously over the past twenty years. Major sporting events and organizations are at the point where most cannot survive without outside sponsorship revenue. This study on American...
Gender Distribution among Administrative Positions in Ondo and Osun States Sports Councils
This study investigated possible discrimination against female occupying higher administrative positions in two state sports councils. The study specifically identified the ratio of men to women in decision making, whe...
A Study to Examine Differences Between In Person and Online Survey Data Collection Methodologies
The purpose of this study was to examine differences between the results of an in person or face-to-face direct spending survey and a post-event online direct spending survey. Participants in a large annual marathon held...
The Financial Performance of the Greek Football Clubs
The aim of this paper is to analyze the financial performance of the football clubs participating within the first division of the Greek football league for a period of 14 years (1993 - 2006) and to propose specific act...