Corporate Crime and Punishment

Released on by John C. Coffee
preview-18

  • Corporate Crime and Punishment Book Detail

  • Author : John C. Coffee
  • Release Date : 2020-08-04
  • Publisher : Berrett-Koehler Publishers
  • Genre : Business & Economics
  • Pages : 214
  • ISBN 13 : 1523088877
  • File Size : 2,2 MB
DOWNLOAD BOOK

Corporate Crime and Punishment by John C. Coffee PDF Summary

Book Description: A study and analysis of lack of enforcement against criminal actions in corporate America and what can be done to fix it. In the early 2000s, federal enforcement efforts sent white collar criminals at Enron and WorldCom to prison. But since the 2008 financial collapse, this famously hasn’t happened. Corporations have been permitted to enter into deferred prosecution agreements and avoid criminal convictions, in part due to a mistaken assumption that leniency would encourage cooperation and because enforcement agencies don’t have the funding or staff to pursue lengthy prosecutions, says distinguished Columbia Law Professor John C. Coffee. “We are moving from a system of justice for organizational crime that mixed carrots and sticks to one that is all carrots and no sticks,” he says. He offers a series of bold proposals for ensuring that corporate malfeasance can once again be punished. For example, he describes incentives that could be offered to both corporate executives to turn in their corporations and to corporations to turn in their executives, allowing prosecutors to play them off against each other. Whistleblowers should be offered cash bounties to come forward because, Coffee writes, “it is easier and cheaper to buy information than seek to discover it in adversarial proceedings.” All federal enforcement agencies should be able to hire outside counsel on a contingency fee basis, which would cost the public nothing and provide access to discovery and litigation expertise the agencies don't have. Through these and other equally controversial ideas, Coffee intends to rebalance the scales of justice. “Professor Coffee’s compelling new approach to holding fraudsters to account is indispensable reading for any lawmaker serious about deterring corporate crime.” —Robert Jackson, professor of Law, New York University, and former commissioner, Securities and Exchange Commission “A great book that more than any other recent volume deftly explains why effective prosecution of corporate senior executives largely collapsed in the post-2007–2009 stock market crash period and why this creates a crisis of underenforcement. No one is Professor Coffee’s equal in tying together causes for the crisis.” —Joel Seligman, author, historian, former law school dean, and president emeritus, University of Rochester

Disclaimer: www.yourbookbest.com does not own Corporate Crime and Punishment books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Corporate Crime and Punishment

Corporate Crime and Punishment

File Size : 81,81 MB
Total View : 7598 Views
DOWNLOAD

A study and analysis of lack of enforcement against criminal actions in corporate America and what can be done to fix it. In the early 2000s, federal enforcemen

Too Big to Jail

Too Big to Jail

File Size : 18,18 MB
Total View : 6273 Views
DOWNLOAD

American courts routinely hand down harsh sentences to individual convicts, but a very different standard of justice applies to corporations. Too Big to Jail ta

Punishing Corporate Crime

Punishing Corporate Crime

File Size : 66,66 MB
Total View : 6483 Views
DOWNLOAD

Punishing Corporate Crime: Legal Penalties for Criminal and Regulatory Violations provides a practical discussion of criminal punishment trends directed at the

The Handbook of White-Collar Crime

The Handbook of White-Collar Crime

File Size : 39,39 MB
Total View : 7002 Views
DOWNLOAD

A comprehensive and state-of the-art overview from internationally-recognized experts on white-collar crime covering a broad range of topics from many perspecti