Entry
Reader's guide
Entries A-Z
Subject index
Asia
ASIA IS A VAST continent, home to around one half of the world's population. It encompasses the deserts of Arabia to the west, the frozen wastes of Siberia to the north and the heavily populated cities of India and China to the south and east. Each part of the continent has been home to a variety of ethnic groups, cultures, and religions. As these have met and interacted, it is no surprise that a great number of attitudes and approaches to business have developed over the years.
As a result, the relationships between business organizations, government and society are significantly different across the continent. Although there has been a degree of homogenization of systems as a result of the emergent dominance of Western style capitalism and globalization, significant differences still remain.
When members of different systems came into contact with each other, there can be an appearance of abuse as well as its substance. For example, in many parts of mainland Southeast Asia there is a legacy of voluntary bondage as security for loans or to meet debit payments, that has become aligned with some forms of industrial working conditions considered unacceptable by most of the Western world. Similarly, the need perceived by successive administrations of South Korea to create a strong industrial base to mitigate against the possibility of invasion by North Korea has led to systemic attacks on workers' ability to organize themselves into labor unions. Throughout the continent, the spectre of communism has been used to justify strong government-business links which have given rise to some large-scale conflicts of interest as well as abuse of the working classes. Conflicts of interest have often focused on the ownership of natural resources and the right to profit from their exploitation, often linked with environmental degradation, the maintenance of secrecy regarding business agreements when security interests are cited, and the practice of business people buying undue influence with government officials and agencies.
Tokyo, Japan, has its own variety of business and corporate crime.

Hong Kong, China, has remnants of British colonial corruption.

Shanghai, China, mixes capitalism crimes with communist politics.

Asian Approaches
Much of western and southern Asia is dominated by Islam and, as the Islamic world has moved closer to or further from fundamentalism, distinctively Islamic attitudes toward business have emerged or retreated. As the prophet Muhammad himself was a merchant, Islamic belief has generally embraced commerce as an appropriate and moral activity. Other Asian thought systems have more problematic approaches to trade. Confucianism, for example, attaches great importance to the perfection of the individual in this world and the importance of harmony and order in relationships at all levels.
Buddhism, too, is concerned with the avoidance of bad or immoral deeds which will come to punish the individual in this life or in a future incarnation. Both of these thought systems are amenable to regulation by states to require business people to submit to the will of the state, and to avoid the search for profits above all else. Chinese, Korean, and to a lesser extent Japanese state beliefs required individuals to remain active only within their own regional networks and, hence, make it very difficult to establish long-range trading networks without sacrificing social standing. In these cases, along with the caste society of India, separate classes of people either specialized in, or were required to undertake commercial issues, and it was considered perfectly acceptable for the state to tax them at whatever rate might be desired.
...
- Business Fraud & Crimes
- Advertising Fraud
- Antitrust
- Arbitrage
- Bank Fraud
- Bankruptcy Fraud
- Bid Rigging
- Boycott
- Campaign Finance
- Canadian Mining Scandals
- Charity Fraud
- Cigarette Advertising
- Computer Hacking
- Copyright Infringement
- Corporate Criminal Liability
- Corporate Dumping
- Corporate Raiding
- Direct-Mail Fraud
- Economic Espionage
- Free Enterprise System
- Greenmail
- Hoarding
- Illegal Competition
- Industrial Espionage
- Insurance Fraud
- Interlocking Directorates
- Internet Fraud
- Kickbacks
- Labor Crimes
- Mail Fraud
- Market Manipulation
- Marketing Fraud
- Outside Directors
- Patent Infringement
- Predatory Practices
- Price Discrimination
- Price Fixing
- Puffery
- Redlining
- Revolving Door
- Small-Business Fraud
- Tariff Crimes
- Tax Evasion
- Trademark Infringement
- Tying Arrangements
- Unfair Trade Practices
- Unions
- Wire Fraud
- Companies
- A. H. Robins
- AAMCO
- Adelphia Communications
- Allied Chemical
- Allied Irish Banks
- American Cyanamid
- American Hospital Supply
- American Motors
- Anheuser-Busch
- Archer Daniels Midland
- Arthur Andersen
- AT&T
- B. F. Goodrich
- Banco Ambrosiano
- Bank of Credit and Commerce International
- Banker's Trust
- Barings Bank
- BASF
- Beech Aircraft
- Beech-Nut Nutrition
- Board of Directors
- Bre-X
- Canadian Mining Scandals
- Carl Karcher Enterprises
- Cendant
- Centennial Savings and Loan
- Chem-Bio
- Chevron
- Conoco
- Crédit Lyonnais
- Daiwa Bank
- Dow Chemical
- Drexel Burnham Lambert
- E. F. Hutton
- Eli Lilly
- Enron Corporation
- Film Recovery Systems
- Firestone Tires
- Fisher-Price
- G. D. Searle
- General Dynamics
- General Electric
- General Motors
- Georgia Pacific
- Global Crossing
- Great Electrical Equipment Conspiracy
- Gulf Oil Corporation
- IBM
- Imperial Food Products
- Investors Overseas Services
- ITT
- Johns-Manville
- Kerr-McGee
- Kidder, Peabody
- Lloyds of London
- Lockheed
- Madison Guaranty
- Merrill Lynch
- Metallgesellschaft
- Microsoft
- Morgan Grenfell
- Morton-Thiocol
- National Medical Enterprises
- NatWest Markets
- Northrop Grumman
- Owens Corning
- Pharmaceutical Industry
- Procter and Gamble, Inc.
- Revco
- Rite Aid
- Rockwell International
- Salomon Smith Barney
- Standard Oil
- Sumitomo
- Teledyne Industries
- Tyco International
- Unisys
- United American Bank
- United Fruit
- United States Steel
- Waste Management, Inc.
- WorldCom
- Consumers
- Advance Fee Scam
- Age Discrimination
- Automobile
- Bait and Switch
- Bank Fraud
- Beech-Nut Nutrition
- Bendectin
- Better Business Bureaus
- Breast Implants
- Caveat Emptor
- Charity Fraud
- Cigarette Advertising
- Consumer Deaths
- Contractor Fraud
- Credit Card Fraud
- Cyberstalking
- Dalkon Shield
- Direct-Mail Fraud
- Fertility Fraud
- Fisher-Price
- Gambling and Lotteries
- Identity Theft
- Impersonation
- Infant Formula
- Public Citizen Health Research Group
- Tampons and Toxic Shock
- Telemarketing Fraud
- Tobacco Industry
- Countries & Regions
- Africa
- Arab Nations
- Argentina
- Asia
- Australia
- Brazil
- Canada
- Canadian Mining Scandals
- Caribbean Islands
- Central America
- China
- Cuba
- Eastern Europe
- France
- Germany
- Greece
- Hong Kong
- Indonesia
- Ireland
- Israel
- Italy
- Japan
- Luxembourg
- Mexico
- Middle East
- Poland
- Russia
- Saudi Arabia
- Scandinavia
- Singapore
- South America
- South America
- Spain
- Switzerland
- Thailand
- United Kingdom
- United States
- Criminology & Justice
- Age Discrimination
- Ancient Mercantile Crime
- Art Fraud
- Board of Directors
- Bribery
- Capitalism
- Caveat Emptor
- Civil Forfeiture
- Class-Action Lawsuits
- Conflict Theory
- Consequences of White-Collar Crime
- Conspiracy
- Corporate Criminal Liability
- Corruption
- Crime Seriousness
- Critical Theory
- Differential Association
- Drug Trafficking
- Elite Crime
- Ethics
- Fear of Crime
- Felony
- Forensic Auditing
- Forgery
- Gender Discrimination
- Global Warming
- Globalization
- Hartung-Burgess Debate
- Human Trafficking
- Investigation Techniques
- Juries and Awards
- Justice, Department of
- Knapp Commission
- Legal Malpractice
- Military-Industrial Complex
- Misappropriation Theory
- Mollen Commission
- Money Laundering
- Multinational Corporations
- National White-Collar Crime Center
- Negligence
- Oligopoly
- Organized Crime
- Perjury
- Police Brutality
- Police Corruption
- Political Assassinations
- Pornography
- Prosecution
- Prostitution
- Public Corruption
- Racial Discrimination
- Racketeering
- Religious Fraud
- Respondeat Superior
- Risk Analysis
- Self-Control Theory
- Sutherland-Tappan Debate
- Techniques of Neutralization
- Financial & Securities Fraud
- Accounting Fraud
- Arbitrage
- Bad Checks
- Banco Ambrosiano
- Bank Fraud
- Bank of Credit and Commerce International
- Banker's Trust
- Bankruptcy Fraud
- Barings Bank
- Bendix Corporation
- Boesky, Ivan
- Bond Fraud
- Centennial Savings and Loan
- Check Kiting
- Commodity Fraud
- Counterfeiting
- Credit Card Fraud
- Currency Fraud
- Debt Restructuring Fraud
- Drexel Burnham Lambert
- Embezzlement
- Equity Funding Scandal
- Extortion
- Fiduciary Fraud
- Flaming Ferraris
- Insider Trading
- Investment Trust Fraud
- Nonprofit Organization Fraud
- Offshore Bank Accounts
- Offshore Entities
- Savings & Loan Fraud
- Securities Fraud
- Stock Fraud
- Teamsters Pension Fund
- Vatican Bank
- Government
- Bid Rigging
- Bribery
- Commodities Futures Trading Commission
- Corruption
- Defense Industry Fraud
- Environmental Protection Agency
- Federal Deposit Insurance Corporation
- Federal Trade Commission
- Food and Drug Administration
- Government Contract Fraud
- Government Procurement Fraud
- Graft
- HUD Scandals
- Iran-Contra
- Prisoners
- Securities and Exchange Commission
- Sentencing Guidelines.
- Tailhook Scandal
- Teapot Dome Scandal
- Laws
- Antitrust
- Bank Secrecy Act
- Boland Amendments
- Campaign Finance
- Celler-Kefauver Act
- Clayton Antitrust Act
- Clean Air Act
- Clean Water Act
- Comprehensive Thrift Act
- Computer Fraud and Abuse Act
- Consumer Product Safety Act
- Ethics Reform Act
- Fair Housing Act
- False Claims Act
- Federal Trade Commission Act
- Financial Crime Kingpin Statute
- Foreign Corrupt Practices Act
- Hart-Scott-Rodino Act
- Hobbs Act
- Insider Trading Sanctions Act
- Interstate Commerce Act
- Major Fraud Act
- Meat Inspection Act
- Occupational Carcinogens
- Occupational Safety and Health Act
- Pure Food, Drug and Cosmetics Act
- Racketeer Influenced Corrupt Organizations (RICO)
- Robinson-Patman Act
- Sherman Antitrust Act
- Toxic Substances Control Act
- Truth in Labeling
- Truth in Lending Act
- Witness and Victim Protection Act
- Medical & Healthcare Fraud
- People
- Agnew, Spiro
- Anderson, Jack
- Bakker, Jim and Tammy
- Benson, Michael L.
- Boesky, Ivan
- Braithwaite, John
- Bush, George H. W.
- Bush, George W.
- Butcher Brothers
- Capone, Alphonse
- Carnegie, Andrew
- Carson, Rachel
- Carter, Jimmy
- Clinard, Marshall
- Clinton, William J.
- Coffee, John C., Jr.
- Cohen, Albert K.
- Coleman, James W.
- Coolidge, Calvin
- Cressey, Donald
- Cullen, Francis T.
- Domhoff, G. William
- Edelhertz, Herbert
- Eisenhower, Dwight D.
- Fisse, Brent
- Ford, Gerald R.
- Frankel, Martin
- Geis, Gilbert
- Giuliani, Rudy
- Grant, Ulysses S.
- Green, Mark J.
- Holley, Louis Malcolm
- Hoover, Herbert
- Irving, Clifford
- Jesilow, Paul
- Jett, Joseph
- Johnson, Lyndon B.
- Keating Five
- Keating, Charles
- Kennedy, Robert F.
- Leeson, Nick
- Levi, Michael
- Levine, Dennis
- Madison, James
- Maxwell, Robert
- Milken, Michael
- Morgan, J. P.
- Nader, Ralph
- Nixon, Richard M.
- North, Oliver
- Pontell, Henry
- Reagan, Ronald
- Rich, Marc
- Roberts, Oral
- Rockefeller, John D.
- Roosevelt, Franklin D.
- Roosevelt, Theodore
- Ross, Edward
- Rusnak, John
- Short, James F. Jr.
- Shover, Neal
- Silkwood, Karen
- Simpson, Sally
- Sinclair, Upton
- Spitzer, Elliot
- Stanford, Leland, Sr.
- Stavisky, Serge
- Steffens, Lincoln
- Stewart, Martha
- Sutherland, Edwin H.
- Truman, Harry S.
- Vaughan, Diane
- Weisburd, David
- Wheeler, Stanton
- Whistleblowers
- Political Scandals
- Pollution
- Products
- Regulation
- Scams & Swindles
- Advance Fee Scam
- Art Fraud
- Bad Checks
- Bait and Switch
- Better Business Bureaus
- Bid Rigging
- Bond Fraud
- Charity Fraud
- Computer Hacking
- Consumer Product Safety Commission Act
- Contractor Fraud
- Counterfeiting
- Currency Fraud
- Daisy Chains
- Direct-Mail Fraud
- Grifters
- Home-Stake Swindle
- Nigerian 419
- Ponzi Schemes
- Real Estate Investments
- Scams
- Securities Fraud
- Stock Churning
- Sweepstakes Fraud
- War-Profiteering
- Work-Related Crimes
- Loading...
Get a 30 day FREE TRIAL
-
Watch videos from a variety of sources bringing classroom topics to life
-
Read modern, diverse business cases
-
Explore hundreds of books and reference titles
Sage Recommends
We found other relevant content for you on other Sage platforms.
Have you created a personal profile? Login or create a profile so that you can save clips, playlists and searches