In criminology, corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or by individuals acting on behalf of a corporation or other business entity (see vicarious liability and corporate liability). Some negative behaviours by corporations may not actually be criminal; laws vary between jurisdictions. For example, some jurisdictions allow insider trading.
Corporate crime overlaps with:
- white-collar crime, because the majority of individuals who may act as or represent the interests of the corporation are white-collar professionals;
- organized crime, because criminals may set up corporations either for the purposes of crime or as vehicles for laundering the proceeds of crime. The world’s gross criminal product has been estimated at 20 percent of world trade. (de Brie 2000); and
- state-corporate crime because, in many contexts, the opportunity to commit crime emerges from the relationship between the corporation and the state.
Other articles related to "crime, crimes, corporate crime, corporate":
... The general theory of crime States that the main factor behind criminal behaviour is the individual's lack of self-control ... Rational choice theory States that people commit crimes when it is rational for them to do so according to analyses of costs and benefits, and that crime can be reduced by minimizing benefits and ... Social disorganization theory States that crime is more likely to occur in areas where social institutions are unable to directly control groups of individuals ...
... Corporate Manslaughter and Corporate Homicide Act 2007. ...
... In criminology, the concept of state-corporate crime refers to crimes that result from the relationship between the policies of the state and the policies and practices of ... injurious acts" and not merely those that are defined by the local criminal jurisdiction as crime ... As an academic classification, it is distinguished from corporate crime, which studies deviance within the context of a corporation and by a corporation political crime, which is crime directed at the state and ...
... deserve the stigma of being labelled as a crime ... Corporate profitability in these areas therefore depends on building more prison facilities, managing their operations, and selling inmate labor ... (Kicenski 2002) Edwin Sutherland's definition of white collar crime also is related to notions of corporate crime ...
... Consciousness and Cognition Consciousness Explained Consensual crime Consensual living Consensus Consensus decision-making Consensus democracy Consensus reality Consensus ...
Famous quotes containing the words crime and/or corporate:
“Each man’s private conscience ought to be a nice little self-registering thermometer: he ought to carry his moral code incorruptibly and explicitly within himself, and not care what the world thinks. The mass of human beings, however, are not made that way; and many people have been saved from crime or sin by the simple dislike of doing things they would not like to confess ...”
—Katharine Fullerton Gerould (1879–1944)
“Power, in Case’s world, meant corporate power. The zaibatsus, the multinationals ..., had ... attained a kind of immortality. You couldn’t kill a zaibatsu by assassinating a dozen key executives; there were others waiting to step up the ladder; assume the vacated position, access the vast banks of corporate memory.”
—William Gibson (b. 1948)