The Research on the Compliance Management of Transnational Enterprises under the Background of “Belt and Road Initiative”

Abstract

With the continuous advancement of the strategy of “Belt and Road Initiative”, the industrial structure in China is undergoing continuous prioritization and upgrading. As far as transnational enterprises are concerned, they are encountered with both opportunities and challenges. They are faced with the risk of compliance management in the process of “going out”. In their management course, transnational enterprises are likely to lead to the problem of commercial bribery because of the existence of industry differences and other problems such as the influence of overseas political risks on enterprise management and unhealthy compliance system. Therefore, it is particularly important to strengthen the compliance management of transnational enterprises. Only by strengthening supervision to check commercial bribery, enhancing overseas risk prevention and management compliance and improving compliance management system can transnational enterprises succeed in being steadily established in overseas market and realize a long-term and sustainable development so as to effectively upgrade the image and position of China as a major country. Key words—transnational enterprises, compliance risks, compliance control