A 12-step process of white-collar crime

Ruth McKay, Carey Stevens and Jae Fratzl

International Journal of Business Governance and Ethics, 2010, vol. 5, issue 1/2, 14-25

Abstract: This paper examines the psychopathology of the white-collar criminal acting as a corporate leader. It looks at the impact of a leader's behaviour on other employees and the organisational culture developed during his or her reign. We propose a 12-step process to explain how an organisation can move from a legally operating organisation to one in which unethical behaviour is ignored and wrong doing promoted. Events from Enron, Barings Bank, WorldCom and other corporations provide examples of this process.

Keywords: white-collar crime; corporate leadership; business ethics; psychopathology; reluctant participants; whistleblowers; organisational culture; unethical behaviour; addiction models; Enron; Barings Bank; WorldCom; business governance; economic crime prevention. (search for similar items in EconPapers)
Date: 2010
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