Characteristics of Corporate Crime

Petter Gottschalk

Chapter 2 in Convenience Orientation in Corporate Crime:Corrective Recovery Responses for Compliance and Conformance, 2025, pp 33-59 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Corporate crime that is sometimes labeled organizational offending is resulting from offenses by collectivities or aggregates of discrete individuals. If a corporate official violates the law in acting for the corporation, we still define it as corporate crime (Shichor and Heeren, 2021). However, if he or she gains personal benefit in the commission of a crime against the corporation, we regard it as occupational crime. A corporation cannot be subject to imprisonment, and therefore, the majority of penalties to control individual violators are not available for corporations and corporate crime. Detected corporate crime can harm executives involved, since “corporate outcomes such as misconduct serve as signals of the underlying quality of the individuals employed by the firm” (Naumovska et al., 2020: 883). Antitrust violations, securities offenses, and health care fraud by medical providers are typical examples of corporate crime…

Keywords: Corporate Compliance; Corporate Conformance; Convenience Theory; Corporate Scandal; Crisis Management; Destructive Leadership; Recovery Strategy; Recovery Triggers (search for similar items in EconPapers)
JEL-codes: G34 K42 L21 M14 (search for similar items in EconPapers)
Date: 2025
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