Accountability Lost and the Problem(s) of Asymmetry

17 Pages Posted: 12 Jul 2019

Date Written: October 11, 2018


Professor Gilchrist argues that calls for more individual prosecutions in cases of corporate malfeasance are ultimately misguided. In this Essay, Gilchrist discusses the asymmetries of information and power within corporations that make criminal prosecutions of high-level executives particularly difficult and often inappropriate.

Keywords: Criminal Law, White Collar Crime, Corporate Criminal Liability, Yates Memo, Individual Prosecutions

Suggested Citation

Gilchrist, Gregory M., Accountability Lost and the Problem(s) of Asymmetry (October 11, 2018). Loyola University Chicago Law Journal, Vol. 50, No. 3, 2019, Available at SSRN:

Gregory M. Gilchrist (Contact Author)

University of Toledo College of Law ( email )

2801 W Bancroft
MS 507
Toledo, OH 43606
United States
419-530-2712 (Phone)

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