corporate crime Frequently (and unhelpfully) used interchangeably with the term white-collar crime, corporate crime should be seen as distinct, being committed on behalf of the corporation, not against it (though competing businesses may be the victims). The term does not necessarily mean that criminal law is violated, the insight offered being the ways in which corporate businesses can cause major social, financial, and physical harm, yet face few or no legal sanctions. Such crime can be intentional or the result of indifference or inefficiency. Examples include price-fixing cartels, long-term fraud, industrial accidents, and pollution.
crime, corporate See CORPORATE CRIME.
More From encyclopedia.com
White-collar Crime , Crimes committed by persons of respectability have drawn the attention of societies throughout history. In the United States, interest in such phenom… Solicitation , Introduction Solicitation, or incitement, is the act of trying to persuade another person to commit a crime that the solicitor desires and intends to… Crime , Crime Crime is often defined as "conduct in violation of the criminal laws of a state, of the federal government, or of a local jurisdiction, for whi… Victimless Crime , In the continuing debate over the proper scope of the criminal law, it has frequently been suggested that certain crimes are in reality "victimless"… Criminology , criminology, the study of crime, society's response to it, and its prevention, including examination of the environmental, hereditary, or psychologic… Conspiracy , Conspiracy is one of the four "punishable acts" of genocide, in addition to the crime of genocide itself, declared punishable in Article III of the 1…
About this article
All Sources -
Updated Aug 08 2016 About encyclopedia.com content Print Topic
You Might Also Like