Southern Italy: White Caterpillar, Grey Chrysalis, Black Butterfly: Organised Crime, Financial Crime and Entrepreneurial Distress

Abstract

The present study provides an economic and empirical framework to examine the role of organised crime in an entrepreneurial crisis. The effect of criminal pollution on law firms depends on financial — money‐laundering and usury — as well as non‐financial crimes — extortion and unfair competition.

Citation

Masciandaro, D. (2000), "Southern Italy: White Caterpillar, Grey Chrysalis, Black Butterfly: Organised Crime, Financial Crime and Entrepreneurial Distress", Journal of Financial Crime, Vol. 7 No. 3, pp. 274-287. https://doi.org/10.1108/eb025949