How to Deter Financial Misconduct if Crime Pays?

Why Punitive Damages Don't Deter Corporate Misconduct Effectively

Who Pays for White-Collar Crime?

Using a proprietary dataset of 667 companies around the world that experienced whitecollar crime we investigate what drives punishment of perpetrators of crime. We find a significantly lower propensity to punish crime in our sample, where most crimes are not reported to the regulator, relative to samples in studies investigating punishment of perpetrators in cases investigated by U.S. regulator...

1 How It Pays to Be Moral

In my book, Artiicial Morality, I defend a thesis and a method relevant to business ethics. The thesis is that moral constraint is rational; in some sense it does pay to be good. I sketch the argument for this thesis in section 1. Section 2 explains the method I employ: moral functionalism. 1 Section 3 applies my theory to the question whether a corporation can be moral using a management scien...

How to Organize Crime∗

In criminal organizations, diffusing information widely throughout the organization might lead to greater internal efficiency (in particular, since these organizations are self-sustaining, through facilitating cooperation). However, this may come at a cost of leaving the organization more vulnerable to external threats such as law enforcement. We consider the implications of this trade-off and ...

financial corporate crime: from typology to criminology

corporations have a key role in economic development, growth of national security and financial competition. the key of power is in economy. so in the global village, the economic competition replaces military conflict. a new concept in criminal justice is corporate crime. these crimes as a kind of white collar crime are studied in light of critical criminology findings of this study shows that...