Risk assessment of benefit provision by Mercedes-Benz Thailand

Abstract

Mercedes-Benz is an automotive company that operates worldwide, and that has among its clients government authorities. Many of the countries where it operates have the tradition of giving gifts to solidify business relationships which can open room for bribery. This study aims at assessing the processes that Mercedes-Benz Thailand has in place regarding benefit provision to Thai government authorities, to make sure there are enough controls to prevent corruption. It is concluded that Mercedes-Benz Thailand has in place good controls, but a few points such as additional training on compliance and the creation of guidelines still need to be improved.