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Corporate Crime and Punishment

The Crisis of Underenforcement
in: Sociology
Summary:

The book critically examines the failure of the American legal system to effectively prosecute white-collar crimes, arguing that corporate executives often escape accountability due to systemic issues in enforcement and legal loopholes. It proposes reforms to strengthen the deterrence of corporate misconduct and ensure justice is served for financial crimes.

Key points:

1. Corporate Crime Underenforcement: Coffee points out that corporate crime in the U.S. is not enforced enough due to regulatory agencies' limited resources, complex laws, and corporate influence, leading to a lack of corporate accountability.

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