The Theory of White-Collar Crime

Subject: Law
Pages: 2
Words: 279
Reading time:
< 1 min

The theory of white-collar crime is aimed at discussing the underlying causes of various offenses committed by the representatives of governmental organizations as well as businesses. In particular, researchers may examine social, economic, institutional, and individual factors that can contribute to this problem. Moreover, scholars attempt to single out strategies that can minimize the occurrence of white-collar crime. These are the main questions that can be distinguished. It is possible to distinguish several important premises that underlie this theory.

In particular, one should mention that white-collar crime cannot be explained by a single factor. Therefore, it is important to consider the internal and external environment that influences the attitudes and decisions of people within organizations. Thus, the theory of white-collar crime can be a multidisciplinary field. To a great extent, this approach can be accepted because the actions of individuals or groups can be driven by multiple influences.

Furthermore, institutions should concentrate on the internal safeguards that limit the opportunities for committing crimes. This assumption has significant implications for managers. It should be kept in mind that people, who commit white-collar offenses, can be driven by various motives or even some psychological problems. Individual origins of this behavior cannot be easily identified. In turn, the task of businesses and governmental agencies is to make sure that there are no loopholes for committing white-collar crimes. To some degree, this premise can also be accepted because it enables organizations to shield themselves against different risks such as corporate fraud and embezzlement since they can have profound implications for thousands of people. These are the main aspects that can be singled out.