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NCJRS Abstract

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NCJ Number: 78270 Add to Shopping cart Find in a Library
Title: Corporate Crime
Author(s): M B Clinard; P C Yeager
Date Published: 1980
Page Count: 394
Sponsoring Agency: Free Press
New York, NY 10020
University of Wisconsin
Madison, WI 53706
US Dept of Justice
Washington, DC 20531
Sale Source: Free Press
Promotion Manager
Scholarly and Reference Division
1230 Avenue of the Americas
New York, NY 10020
United States of America
Language: English
Country: United States of America
Annotation: A comprehensive treatment of corporate crime and its control is presented in this book, which focuses primarily on U.S. businesses, although political and legal problems posed by large multinational corporations are also addressed.
Abstract: This work documents the facts behind instances of unethical and illegal corporate practices. It begins by explaining the nature of corporate crime, tracing the growth and development of the corporation, and examining the complex global operations of the modern corporation. The text also looks at the structure of large-scale organizations and its relation to corporate crime, explains the rationale behind business crimes, examines corporate defenses for law violations, and discusses the political influences wielded by corporations. Illegal and unethical practices are delineated in the oil, auto, and pharmaceutical industries and in government. Examples of illicit corporate practices include Firestone officials making a radial tire they knew to be unsafe, Gulf Oil executives bribing an Internal Revenue Service agent and receiving only minimal punishment, and Allied Chemical knowingly dumping kepone into a river. The work also analyzes such illegal acts of false or misleading advertising, price fixing, bribery, tax evasion, the marketing of unsafe or untested products, antitrust offenses, and other law violations. The penalties available to Federal regulatory agencies against corporations, constraints on enforcement, and the effectiveness of agency efforts are outlined. The disparity in punishment between corporate crimes and other crimes, such as burglary and robbery, is highlighted, and the criminal liability of the corporate executive is examined. A discussion of measures to control corporate crime focuses on development of a stronger business ethic, corporate organizational reform, decentralization and divestiture, expansion of enforcement staffs, and other reforms. The work emphasizes the fact that illegal practices are not essential to successful corporate operations and that many firms do maintain laudable ethical standards. Appendixes cite corporation reports to the Securities and Exchange Commission, penalities available to regulatory agencies, the number of corporate violations and the number of manufacturing corporations in violation, the number of sanctions against manufacturing corporations by sanction type, and other data. An index, footnotes, and over 500 references are provided.
Index Term(s): Bribery; Code of ethics; Corporate criminal liability; Environmental laws; Fraud; Judicial decisions; Occupational safety and health; Political influences; Trade practices; White collar crime
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