Yes it is, and it is the American way. Do you not think that Ivanka was not trading on Daddy's name and position when she got her trademarks in China?
How is this "corrupt"? Every major corporation in the worlds does this, it is part of doing business. Do you not remember when Trump promised to make it illegal for people leaving Govt service to go work for these companies, yet when he left office it was not so.
US defense contractors are stacked to the brim with former flag officers and DOD officials that work there for this very same reason, to open doors needed.
You seem very naïve as to how the world works