White Collar Crime

Definition: White Collar Crime is a term that refers to financially motivated, nonviolent crime committed by businesses and government professionals.
White-collar crimes include things like bribery, cheating, embezzlement, fraud, money laundering.
The root causes of these white-collar crimes and following corporate scandals are not ineffective regulations nor compliance systems, but weak leadership and a flawed corporate culture.

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More on business ethics: Doughnut Economics, Insider Trading, Negotiation Agreement.

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