Corporate Crime

January 24, 2010 by
Filed under: Ethics 

Corporate crime? I’m not sure there is such a thing. If we are given the crimes that we want to reduce label must cease distribution of large corporations punitive fines. The idea is not as radical as it seems.

Firstly, when I say that this is not nothing like corporate crime, I mean simply that it is always the individuals commit crimes. can imagine this in mind, that my best way to reduce this crime is: Go after the criminals!


Who pays for corporate crime?

Exactly who pays when a large company for violating the law is very well? For starters, the shareholder compensation. Many of these retirees are innocent people who have money invested with the company and had no idea they were breaking the law. Then the employee to pay with job losses if the financial situation of society is damaged by fines. Who does not pay? Just criminals – people who break the law chosen.

All crimes are people, not the companies involved. If a company dumps toxins into the environment, a fact PERSON decision to do so (or more). When a company steals a pension fund or violates the rights of INDIVIDUALS workers have taken these decisions. People commit crimes enterprise, not corporations!

If you want to stop corporate crime are beginning to put people who are involved in the crime in jail. Our current system has many leaders of the company conducting cost-benefit calculations, if profits over certain crimes which are sometimes fines add up. Although laws are broken, they have little chance of being held personally liable. Why not hold them accountable?

For companies fined for actual costs imposed on others by a crime is appropriate. We need to clean the toxic damage, and compensate in other cases those who suffer damage. This also means that shareholders a reason to be cautious in whom they have chosen one of the Commission. However, “punitive” fines are ridiculous if they survey form for individual criminals. To the person who committed the crime pay the fine.

Is this a radical idea? I think not! Incidentally, what is more likely to think of an agent of the corporation to commit a crime, a fine is paid by the company to discourage and even undermine its wage increase, or ten years in prison? The answer gives us the answer to corporate crime.

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