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COCA-COLA CO (KO) 57.48 $0.60 (1.05%) 03:19AM (15 mins delay)

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How to Deal with Corruption in China

Oct 08, 2009 - 7:07 AM EDT

Shaun Rein of the China Market Research Group submits:

This column originally appeared in Forbes.

It happened to Coca-Cola (KO) on September 14 and to Rio Tinto (RTP)a month before. Even the management consulting firm McKinsey & Co. has been hit. The Chinese government has now investigated employees at all three of those companies in high-profile corruption cases. At Coke, a bottling plant employee was accused of taking $1.5 million in bribes.

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Source: Seeking Alpha (Oct 08, 2009 - 7:07 AM EDT)