Introduction: Corporate Crime and its Constraint

Abstract

Purpose

Corporate crime affects the stability of the international financial system and the business world system has made considerable efforts to fight all aspects of corporate crimes. Fraud and white-collar crime has increased considerably over the recent years and this trend is expected to continue.

Design/methodology/approach

This chapter defines corporate crime and its categories as well as considering the ways in which such crime occurs. This is set within the context of other failures such as Enron.

Findings

These crimes are considered in the context of ethical behaviour but it is reported that the various measures taken to dissuade these crimes at various levels just have not seems to reduce such crime.

Research limitations/implications

In many respects this chapter introduces the contexts and acts as preparation for the other chapters in the book and so is not exhaustive in scope.

Practical and social implications

Since not all fraud and abuse is discovered and reported, the cost of fraud to businesses is hard to be estimated.

Originality/value

The chapter discusses the context in which corporate crime occurs.

Citation

Said, R., Crowther, D. and Amran, A. (2014), "Introduction: Corporate Crime and its Constraint", Ethics, Governance and Corporate Crime: Challenges and Consequences (Developments in Corporate Governance and Responsibility, Vol. 6), Emerald Group Publishing Limited, Leeds, pp. 1-17. https://doi.org/10.1108/S2043-052320140000006001