Corporate crime is a global problem and has a significant effect on companies and participants in business. It can result in direct financial losses; the imposition of regulation, scrutiny and compliance obligations; as well as indirect industry and reputational damage. Accordingly, all managers benefit from an understanding of corporate crime and its impacts. Corporate crimes are: crimes committed against companies (often by their own employees or managers); crimes committed by companies against others (including members of the public, the environment, creditors, investors and competing companies); and "white collar" crimes undertaken within companies by senior executives and managers for their own benefit. All three forms of corporate crime will be studied in this unit. Students will also explore the manner in which companies can be criminally liable, as well as regulatory approaches to the prevention, detection and prosecution of corporate crime. Particular corporate crimes such insider trading will be considered in detail, and case studies of high profile examples of corporate crime will be a significant focus in this unit.
Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops
assignment (25%), presentation (15%), participation and engagement (10%), final exam (50%)
CLAW1003 or CLAW2201 or CLAW2214