Corporate Crime and its Control
Posted: 26 Feb 1997
There are 2 versions of this paper
Date Written: January 1997
Abstract
Both the scope and magnitude of corporate criminal liability has expanded dramatically in the last decade. This expansion raises important issues about both the origins of corporate wrongdoing and its control. The central theoretical and empirical issues explored in the present analysis are: Why are corporate crimes committed? Are these crimes best deterred by individual liability, corporate liability, or joint individual and corporate liability? When corporate liability is appropriate, should it be strict, duty-based liability or a combination of the two, and what is the appropriate fine structure? Finally, should corporate liability be criminal or civil?
JEL Classification: K14, K22
Suggested Citation: Suggested Citation