Police misconduct and crime: bad apples or systems failure?

Petter Gottschalk, Geoff Dean and Rune Glomseth

Journal of Money Laundering Control, 2012, vol. 15, issue 1, 6-24

Abstract: Purpose - The purpose of this paper is to report from an empirical study of white‐collar crime in business organizations and to create insights into perceptions of potential offenders. Design/methodology/approach - A survey was conducted among chief financial officers in the largest business organizations in Norway. Findings - The study identified financial misconduct by chief executives in the company as the crime associated with the most serious consequences for the company. A person in purchasing and procurement functions is assumed to be most vulnerable to and most likely involved in white‐collar crime. Research limitations/implications - The survey focused on perceptions and threats rather than actual crime cases that might be included in future research. Practical implications - Most vulnerable persons, including purchasing executives and chief executive officers, should never be left alone signing invoices and other expenditures on behalf of the firm. Social implications - A four‐eye principle should be introduced in all business organizations in financial matters. Originality/value - Chief financial officers' perceptions of vulnerability in top management create new insights into white‐collar crime.

Keywords: Norway; Chief executives; Organizations; Crime; White collar crime; Police; Police integrity; Whistle‐blowing; Archival analysis; Rotten apples; Systems failure; Regression analysis; Descriptive statistics (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jmlcpp:13685201211194709

DOI: 10.1108/13685201211194709

Access Statistics for this article

Journal of Money Laundering Control is currently edited by Dr Li Hong Xing and Prof Barry Rider

More articles in Journal of Money Laundering Control from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().