New Trends In Corporate Crime

Abstract

Corporate crime worldwide is one of the key and most dangerous areas of economic crime. An increase in corporate crime leads to an increase in the corruption of public servants; an increase in the unemployment rate; tax evasion; monopolization of a number of segments of the economy and a decrease in competitiveness, which leads to a deterioration of the investment climate, and the activation of money laundering processes. In Russia, the problem of countering corporate crime is no less acute than in the rest of the world. The concept of corporate crime is currently quite vague, and covers a wide range of criminal acts from fraud to corruption. Today, there is an active increase in corporate crime. Damage from economic crimes is associated with financial losses and loss of assets, and companies also bear the cost of conducting investigations. The increase in the number of new types of criminal activity that could be classified as corporate is largely due not only to the activities and motivation of managers, but also to larger factors, such as shortcomings in the legal regulation of management processes, the use of material and other resources by managers, insufficient control by law enforcement agencies and imperfect criminal legislation regulating responsibility for corporate crimes. The author has studied the key approaches to defining the concept and essence of corporate crime in Russia and in the world. As a result of the study the author has identified the key trends prevailing in the structure of corporate crime.