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Corporate Crime

Corporate crime refers to crimes committed by a corporation or individual acting on behalf of a corporation. Usually, such crimes are financial in nature and benefit the company or individuals within the company. Such crimes might consist of insider trading (e.g., providing nonpublic and privileged information to a third party for investment purposes) or antitrust violations (e.g., predatory pricing to drive competitors out of business). Corporate crimes may also consist of avoiding losses or negligence. Some examples include misrepresentation of accounts in order to artificially drive up stock prices or hide losses or hiding environmental offenses in production in an attempt to maintain high levels of productivity or avoid financial penalties. Scholars such as James William Coleman and Edwin H. Sutherland considered corporate crime to ...

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