Michael Clarke argues that business crime should be seen as distinct from ordinary property crime because of the business environment in which it takes place. This is sufficiently secluded to lead to the management of offences largely internally by the enterprise or the business community. Even where cases do enter the public domain they are often dealt with by specialist regulatory bodies and it is only a small minority of cases which are subject to conventional proceedings. The author illustrates his argument in a series ...
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Michael Clarke argues that business crime should be seen as distinct from ordinary property crime because of the business environment in which it takes place. This is sufficiently secluded to lead to the management of offences largely internally by the enterprise or the business community. Even where cases do enter the public domain they are often dealt with by specialist regulatory bodies and it is only a small minority of cases which are subject to conventional proceedings. The author illustrates his argument in a series of chapters drawing on empirical studies of employee crime, insurance fraud, tax evasion and avoidance, liquidations and receiverships, the financial sector and securities offences and health and safety regulation in industry. He concludes that the character of business crime requires it to be dealt with by developing its capacity for self-regulation, stiffened when necessary by state agencies, and he identifies the criteria of a successful control system as: identification, accreditation, exclusion, rehabilitation and compensation.
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