Essays on Corporate Crime

Abstract:

Theories were developed over the years, as researchers and sociologists tried to explain the reasons why there is crime within the communities. These theories include the social bonds theory, the self-control theory, the power control theory, the control balance theory, the differential coercion theory, and the social support theory. Based on the theories, there are five realities behind the causation of crime: (1) that crime is caused by weakening bonds to the society; (2) that crime is the effect of having low self-control; (3) that crime is caused by occupational patriarchy; (4) that it is caused by the roles ...

According to Chambliss et al. (2010), the state is involved in organized crimes through collusion, evasion, corruption, and substitution. I tend to believe that through evasion, the perpetrators try to evade any legal connection. I believe through evasion, Individuals involved in state organized crimes attempt to distance themselves completely from the activities of the business and the state. For instance, I have witnessed individuals set up legitimate businesses that barely have a link to their names. The organizations then are placed in the frontline to launder money from the state. Such organizations are offered tenders to supply good or ...

Introduction

While many certainly agree that white collar crime presents serious legal issues the sociological implications, regarding deviant behavior, is not always obvious. No discussion inspires a proper balance for analysis without a relevant definition of our terms. According to a ‘Sociology’ glossary, published by the McGraw-Hill Higher Education (2014) group deviance is defined as “Behavior that violates the standards of conduct or expectations of a group or society.” The same glossary defines the concept or theory ‘anomie’ as a Durkheim term for “the loss of direction felt in a society when social control of individual behavior has become ineffective” (“Sociology Glossary,” 2014). In an effort ...

Why Isn’t Corporate Crime a Crime in the U.S.? Corporate crime can be defined as crimes committed either by business firm or a corporation. It can also be described as crime committed by individual that may identified with a corporation or other business entity. A corporate crime is therefore an act of its personnel and need not be authorized or ratified by its officials (Jennifer, 1994). However, the crime is defined as so if the official were exercising customary powers on behalf of the cooperation and not their own accord. This means that therefore, the crime of the corporation involves ...

The article focuses on the operations of corporate firms in the United States. According to the article, the corporate executives are expected to conduct themselves in a prescribed manner. Previously, the executive of various foreign firms was allowed to conduct themselves in an environment with more freedom. Due to the above mentioned freedom, the foreign firms were able to make a myriad profit as compared to the domestic firms. Reportedly, the corporate executive could easily engage in fraud or corporate misconduct, this enabled the firms to make a higher profit, since they could engage in fraudulent activities to earn illegal profit. Come ...

Executive summary

In recent years, a lot emphasis has been put on the various types of corporate or white collar crime. This report analyses various methods of preventing white collar crimes. The report discusses various types of white collar crimes and how they are committed. It also illustrates some of the schemes often used to commit these crimes and their consequences. Finally, the report discusses steps that can be used to prevent white collar crimes. Mainly, the purpose of this research is to help employers understand the significance of the global effort to develop more durable businesses. It also illustrates ways of ...

Executive summary

In recent years, a lot emphasis has been put on the various types of corporate or white collar crime. This report analyses various methods of preventing white collar crimes. The report discusses various types of white collar crimes and how they are committed. It also illustrates some of the schemes often used to commit these crimes and their consequences. Finally, the report discusses steps that can be used to prevent white collar crimes. Mainly, the purpose of this research is to help employers understand the significance of the global effort to develop more durable businesses. It also illustrates ways of ...

CORPORATE CRIME

Corporate crimes are crimes that are caused by corporate bodies or crimes committed by person acting on behalf of corporate bodies. A corporate crime usually includes; corporate corruption, white collar frauds, environmental pollution, insider trading and tax evasion, misleading information to consumers and workers death. In the recent past corporate crimes have became very rampant in our societies, a day hardly pass without a story of investment frauds, corporate corruption and other forms of corporate crime being reported.1 And mainly these crimes are committed by big companies which are financially powerful and therefore the authorities involved fear to take action on ...

Introduction

Nowadays we cannot help but see and hear many troubling things are going on around us. The news overflows with incidents of corruption scandals—of poverty and hunger. The real median income of America has increased only 15% in the last 30 years (Bakan, 2006). That is a .5 % growth each year versus the 1.9 % real GDP growth per year (“A History of Standard Living”, n.d.). How can that be? Where is the American dream? These and other symptoms are a result of the rise and power of corporations. Corporations cause great harm to the society by being amoral, by creating ...