White collar crime or corporate crime more accurately refers to financially motivated nonviolent crime committed by businesses and government professionals it was first defined by the sociologist edwin sutherland in 1939 as a crime committed by a person of respectability and high social status in the course of their occupation 2. Corporate crime and white collar crime what is a corporate crime wikipedia has defined a corporation as a union of natural persons that has its own legal status and it is independent of the people in the company in this sense the corporate crime is all about committing the crimes not for people but for the sake of the company itself. Both white collar crime and corporate crime involve non violent financial crimes involving fraudulent or deceptive means the two terms overlap in large part and many people use the terms interchangeably however there are significant differences when it comes to white collar crime and corporate crime what is white collar crime according . This is a type of fraud since the individual is committing this crime for their own financial benefit it is considered a white collar crime corporate crime corporate crimes may be similar to white collar crimes in many respects they can also include the types of crimes listed above one main difference however is that with corporate crimes the person or people committing the crimes are working on behalf of the company they work for their goal is to financially benefit the company
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