The decision has been made for Correia to disclose his criminal past to potential customers and investors, as well as settle any pending issues using the “compensatory justice” model (Pfeiffer & Forsberg, 2014, p. Inside front cover -161). This proposal will be presented at the next board meeting to the directors for approval using a two pronged strategy of statistical analysis and managerial assessments that will show the potential risks and benefits for the company of Correia disclosing his criminal past publicly. Ultimately, this decision is based on preserving the principles and rights inherent within the virtual business community’s “network of ethical value” (Pfeiffer & Forsberg, 2014, p. Inside front cover -161). The following two …show more content…
By following through on this decision, Correia will be able to reestablish the virtual business community’s “network of ethical value” (Pfeiffer & Forsberg, 2014, p. Inside front cover -161). Recommendations approved by the board for Correia include the following: 1) Making a public statement explaining the sequence of events that led up to the death of his father along with an apology and a future commitment to the company, 2) implementing a “subscription-based model” using a hybrid “freemium”/ “metered model” to drive additional buying commitment from customers through the use of incentive driven perks, and 3) regaining market share by improving “recurring revenue” cash flows on a quarterly basis (Warrillow, 2015, p. 3). Of course, many will argue that Correia exposing his criminal past will violate his “autonomy” and therefore do more harm than good (Pfeiffer & Forsberg, 2014, p. Inside front cover -161). However, this is simply not true as customers place a priority on trust and will give Correia a second chance for being honest. Nevertheless, Correia will still be able to attract customers and investors by employing an “integrated marketing communication” strategy, in which a variety of media platforms and techniques will be utilized to enhance customer acquisition (Percy, 2014, p. 1). Hence, following these aforementioned recommendations will be beneficial to Correia and his
This research paper will be used to acknowledge the trending factor in our criminal justice system of wrongful convictions. Wrongful convictions socially can be defined as convicting the innocent and punishing the not guilty. In other words, wrongful convictions play a huge part of our flawed Criminal Justice system. In order to fix and come up with a solution, we will have to first come to basis of first understanding the issue, then using this information to gain ideas to which we can apply to access better results to the issue of wrongful convictions. Once we come up with a reasonable solution to this problem then we can conclude that the data will show an eminent decrease in this trend. The causes of wrongful convictions include the “Snitch” Testimony, Eyewitness misidentification, false confessions and much more that I will add during the readings of this paper.
“Most people in the U.S. want to do the right thing, and they want others to do the right thing. Thus, reputation and trust are important to pretty much everyone individuals and organizations. However, individuals do have different values, attributes, and priorities that guide their decisions and behavior. Taken to an extreme, almost any personal value, attribute, or priority can “cause” an ethical breach (e.g. risk taking, love of money or sta...
Though many ‘people are aware of what corporate crimes are there are still many who do not know’. A corporate or white-collar crime can be described as “a crime committed by any person through the venue of his or her employment that benefits the business”, ‘this can mean that a corporation does an illegal act of indifference to better the corporation’. It is argued that corporate crimes are more harmful to the general public than acts of intention. When it comes to these ‘crimes it can be said that many of the victims that it affects do not realize, that they are being affected and if and when they do know it is argued that they are told that it is due to a misfortunate accident and that there is no one to blame for the Act’. Many criminologists such as Sutherland argued that corporate crime is something
The nature and damage of white-collar crime can result in a variety of punishments for the offender. Some sanctions being time in prison, some being fines, and others being a combination of both. For example, Chalana McFarland who was a real estate attorney and was accused of fraud, money laundering and other crimes costing investors $20 million. She was charged with $12 million in restitution and thirty years in prison (Haury, 2012). Another example would be Bernie Madoff, who owned Madoff Securities, was involved in a Ponzi scheme. It is believed that investors lost $50 billion dollars. Curently Madoff is serving a 150-year sentence in a prison in Butner, N.C (Haury, 2012). As these white-collar crime cases show, the costs of these crimes can be quite serve and earn life sentences as well as very hefty fines. Moreover, white-collar crimes have huge economic effects on victims, often causing life altering losses. Under consideration white-collar crimes are quite high-cost actions that hold large possible punishments and large ethical issues. In a research experiment done by Christian Seipel and Stefanie Eifler, a theory branching from rational choice theory was tested in relation to crime. The theory they explored was referred to as high- and low- cost theory. This theory discusses the factors that influence low cost crime and high cost crime. Low cost being defined as crimes that have low
In history, crimes have been dealt with by the justice system according to its severity as well as the offender: if the crime committed was not very serious and the offender was deemed “non-delinquent”, or “free of any real criminal disposition”, they would be cautioned or fined. However, were the crime a more serious one and the offender appeared to have a “criminal character”, they would receive more severe and more deterrent punishment (Garland, 2001: 42).
Today, worldwide, there are several thousands of crimes being committed. Some don’t necessarily require a lethal weapon but are associated with various types of sophisticated fraud, this also known as a white-collar crime. These crimes involve a few different methods that take place within a business setting. While ethical business practices add money to the bottom line, unethical practices are ultimately leading to business failure and impacting the U.S. financially.
For instance, any financial crime can leave individuals without shelter, money, or any reasonable quality of life due to the white collar offense. Therefore, white collar crime may not involve force, they still may affect people physically. As a matter of fact, white collar crime may result in a greater impact than street crimes. Nevertheless, we continue to operate on a dichotomy of beliefs regarding violent and non-violent crimes. In this paper, we will explore white collar crime as a non-violent crime. Those crimes under discussion are blackmail, bribery, embezzlement, and forgery. In addition, we will discuss violent crimes such as first degree, second degree, and manslaughter (Verstein,
Over the past several decades there has been a wide debate about what the correct definition for white collar crime should be, and even today, there is still a lot of confusion regarding the meaning of white collar crime. Currently, the definition of white-collar crime is still hotly contested within the community of experts, and this essay will discuss what is meant by the term white collar crime, as well as its legal standing and its importance in criminology.
To be able to appreciate the magnitude of the problem, it is important to first determine what the issue is all about. This paper is going to analyze this issue developing recommendations on how to combat the crime in the United States. This will be achieved by discussing the nature of this issue, who the victims are and the current legislation on the pro...
Criminal justice as a socially constructed theoretical perspective by Kraska (2004) emphasizes the idea of emotions influencing criminal justice. In order to understand law-breaking we have to look at the process of how we defined behaviors as illegal as well as looking at the reactions of the criminal justice system. “It is not the quality of the act the person commits, but rather a consequence of the application by others of rules and sanctions to an offender” (Kraska, 2004) There are criminal justice actors that influence the definitions of criminal behavior which are police portraying the idea of the impossible mandate of curing crime, criminal statistics, and organizations working to maintain justice.
White-collar crime is defined as committed by public officials or businesspeople, defined as non-violent, and usually revolve around financial crimes. These crimes can cause companies to be destroyed, cost investors thousands of dollars, and even wipe a family’s entire life-savings. Insider trading, Ponzi schemes, and embezzlement are just a few types of white-collar crimes. In 1939, Edwin H. Sutherland, described white-collar crime as any violation of the law by a person of high status in their work-place. Sutherland also noted the white-collar criminals are less likely to be prosecuted than other offenders. The concept of white-collar crimes has been changed over recent decades. Blue-collar crimes are people who do not work in prestigious work-places; these are white-collar crimes, and work mundane jobs, like maintenance. This changed how people see white-collar crime, as it no longer only relates to people of high status. To help the concept of work-related crime, occupational...
Crime comes in different ways, shapes, and forms. From corruption to murder, the seriousness and blameworthiness varies from crime to crime. The most common factor of all crime is that it is illegal. The problem with prosecution is that some crimes can find loopholes around the rigidity of the laws created. This is the hardest for white collar crimes. With so many types of white collar crimes, it is hard to understand where it belongs on the scale on seriousness and blameworthiness and how to prosecute. With white collar crimes, they are most commonly seen as “victimless” or “paper” crimes, since they do not involve physical harm to the people included. With so many types available to analyze, the purpose of this paper is to focus on bribery, perjury, and fraud. When it comes to white collar crimes, or any crime for that matter, we do not only need to focus on what causes it and society’s reaction to it. We need to look into prevention of it and being able to stop it before it even starts.
Reputation is a company’s biggest asset so you would think that organisations would avoid engaging in any sort of business that would put its reputation in jeopardy. Nevertheless, many organisations find their credibility destroyed due to practices that are harmful and illegal, which could land a CEO’s in prison.
Some in the business world would argue that the recently intensified sentencing guidelines for white-collar crime provide sufficient punishment for the criminals involved. However, with the increase if the promi...
...om the mouth of Edward Sutherland. White collar crime has been noticed throughout the years for the incredible damage that it can cause the public. It has occurred many times since its beginnings and is still occurring today. Those individuals involved have a weakness that many humans face: greed. Though relatively unknown for their crimes, fame is not the motive for white collar criminals’ desire to gain significant sums of money for their crimes. Through recent years of recognition, the United States can better control a crime that has resulted in at least ten times the combined cost of theft, burglary, and robbery of blue-collar criminals. With protocol in place, white collar crime can be controlled and decreased significantly. Over the past few years, through recognition & action, white collar offenders are being more fairly judged & given harsher sentences.