Corporate Crime Deterrence: A Systematic Review

William S Laufer,N Craig Smith,Mariel Alper,Sally S Simpson,Melissa Rorie,Natalie Schell‐Busey

doi:10.4073/csr.2014.4

Abstract

Corporate Crime Deterrence: A Systematic Review

Highlights

Corporate crime is a poorly understood problem with little known about effective strategies to prevent and control it
Other moderator results were less clear, but given how few of the analyses revealed strong treatment effects overall we think it is premature to draw any conclusions from these findings and call instead for more methodologically rigorous and focused studies in the punitive sanction and regulatory policy areas
We reviewed the abstract to determine 1) whether the article related to corporate crime deterrence and 2) if there was quantitative evidence of some kind that might be coded for a systematic review

Summary

Introduction

Corporate crime is a poorly understood problem with little known about effective strategies to prevent and control it. In this review, we use John Braithwaite’s definition (1984: 6) which specifies that corporate crime is “the conduct of a corporation, or of employees acting on behalf of a corporation, which is proscribed and punishable by law.”. Consistent with this approach, this review focuses on various legal strategies aimed at companies and their officials/managers to curtail corporate crime. The recent global financial crisis has, once again, brought the problem of white-collar crime to the attention of the media, general public, and policy-makers, but there is still surprisingly little systematic and comprehensive data to properly theorize and empirically assess the phenomena or to recommend evidence-based policies to prevent and control it. When Raymond Scott Stevenson, head of Tyco’s tax department, directed a series of transactions designed to reduce Tyco’s state tax liability by back-dating transactions to avoid reporting a $170 million dollar federal capital gain, he used organizational resources to “benefit” the company’s bottom line but not himself.

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Results

Conclusion