Legal Commentator Opposition and Social Scientist Support

Two discrete groups of commentators – the first from the legal academy and the second from the closely connected disciplines of sociology and criminology – have dominated the policy debate over the merits of prosecuting corporations and individuals for white collar crimes. Surprisingly, after extensive research I have not uncovered much collaboration between the two groups and I believe this book is the first to juxtapose their insights.

A prolific group of business-oriented legal academics argues that white collar criminal prosecutions are unfair and ineffective, especially with respect to corporations. The gist of their position is that corporations are paper entities that lack minds capable of formulating the guilty intent (mens rea) considered as an indispensable element of criminal culpability. Because the largest corporations have complex management structures and depend on the activities of many employees, no single executive – or even a committee of executives – is able to police everyone’s conduct. Individuals may well violate the criminal law, but most often they engage in such behavior contrary to official corporate policy. Criminal prosecutions impose considerable stigma and can result in grave and disproportionate damage to the corporation’s profitability. Therefore, such charges are both unfair to innocent bystanders such as the company’s stockholders and unwise in all but the most egregious circumstances. Instead, the government and the public at large should rely on civil actions to recoup any damages caused by rogue agents.