Abstract
This paper aims to examine the informal mechanisms and factors of corporate crime in Brazil that contribute to the persistence of political corruption. For this analysis, official records, e.g. closed criminal trials produced by Operation Carwash, one of the biggest cases of white-collar crime and political corruption in Brazil's history, will be used. The focus of the analysis is on the criminal trials, generated in the early phases of the investigation, which revealed the illegal activities of large Brazilian construction companies as well as its cartel-building to defraud the Petrobras' contracts. The analysis on the modus operandi of this cartel served to reconstruct the unwritten rules inside organizations that are involved in the bribery-scheme. The analysis showed that Brazilian private enterprises, represented by its senior executives and top managers, used the lack of regulation and informal rules, rooted in the political system, to achieve illegal profits.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.