Don't have an account? This chapter examines the causes of corporate crime from an economic perspective. More specifically, it considers why corporate misconduct occurs and looks at the factors that law enforcement authorities and corporate monitors take into account in determining how best to deter it. It begins with a review of the fundamental assumptions of the economic model of crime and its origins, along with the empirical evidence on its practical relevance. It then assesses the implications for the choice of enforcement strategy and design of sanction, the empirical literature on corporate criminal sanctions, and practical implications for the design of enforcement institutions.
Jessica Pishko. While many financial institutions have been sued, few executives have been prosecuted or convicted for corporate crimes. Too Big to Jail Brandon L.
Corporate crimes in most organizations today have become a common trend. These are unlawful activities conducted by corporations or individuals representing corporations. Most corporate crimes originate for unreasonable goals set by organization within a specified period.