Abstract
There is probably no single occupation in the world that has been met with a more systematic degree of naivety from its employers than the chief executive. It has been argued that goal-oriented management is a management approach that can inherently bring about more white-collar crime . Especially when goals are ambitious and the CEO is personally responsible for goal achievement and faces negative personal consequences of non-achievement, the CEO might tend to use both legal and illegal means in the struggle to achieve goals.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Agnew, R. (2014). Social concern and crime: Moving beyond the assumption of simple self-interest. Criminology, 52(1), 1–32.
Bendahan, S., Zehnder, C., Pralong, F. P., & Antonakis, J. (2015). Leader corruption depends on power and testosterone. The Leadership Quarterly, 26, 101–122.
Benson, M. L., & Simpson, S. S. (2015). Understanding white-collar crime: An opportunity perspective. New York: Routledge.
Brodi, R. G., & Perri, F. S. (2016). Fraud detection suicide: The dark side of white-collar crime. Journal of Financial Crime, 23(4), 786–797.
Campana, P. (2016). When rationality fails: Making sense of the ‘slippery slope’ to corporate fraud. Theoretical Criminology, 20(3), 322–339.
Ceccato, V., & Benson, M. L. (2016). Tax evasion in Sweden 2002–2013: Interpreting changes in the rot/rut deduction system and predicting future trends. Crime, Law and Social Change, 66, 217–232.
CFCS. (2014). CFCS certification examination study manual (4th ed.). Certified Financial Crime Specialist, Association of Certified Financial Crime Specialists, Rivergate Plaza, Miami, FL 33131.
Cowen, A. P., King, A. W., & Marcel, J. J. (2016). CEO severance agreements: A theoretical examination and research agenda. Academy of Management Review, 41(1), 151–169.
Dobovsek, B., & Slak, B. (2015). Old horizons of organized-white collar crime. Journal of Financial Crime, 22(3), 305–317.
Edelhertz, H. (1970). The nature, impact and prosecution of white-collar crime. Washington, DC: US Department of Justice.
Eisenhardt, K.M. (1985). Control: organizational and economic approaches. Management Science, 31(2), 134–149.
Fanelli, A., & Misangyi, V. F. (2006). Bringing out charisma: CEO charisma and external stakeholders. Academy of Management Review, 31(4), 1049–1061.
FBI. (2014). Five former employees of Bernard L. Madoff investment securities found guilty in Manhattan Federal Court on all counts. Federal Bureau of Investigation. www.fbi.gov.
Galvin, B. M., Lange, D., & Ashforth, B. E. (2015). Narcissistic organizational identification: Seeing oneself as central to the organization’s identity. Academy of Management Review, 40(2), 163–181.
Gottschalk, P. (2016). Explaining white-collar crime: The concept of convenience in financial crime investigations. London: Palgrave Macmillan.
Hambrick, D. C., Misangyi, V. F., & Park, C. A. (2015). The quad model for identifying a corporate director’s potential for effective monitoring: Toward a new theory of board sufficiency. Academy of Management Review, 40(3), 323–344.
Hirschi, T., & Gottfredson, M. (1987). Causes of white-collar crime. Criminology, 25(4), 949–974.
Ionescu, L. (2010a). Madoff’s fraudulent financial scheme, his decades-long swindle, and the failure of operational risk management. Economics, Management, and Financial Markets, 5(3), 239–244.
Ionescu, L. (2010b). The mechanism of the largest Ponzi scheme in history and its wide-felt impact on the global financial architecture. Economics, Management, and Financial Markets, 5(3), 245–250.
Jonnergård, K., Stafsudd, A., & Elg, U. (2010). Performance evaluations as gender barriers in professional organizations: A study of auditing firms. Gender, Work and Organization, 17(6), 721–747.
Kerik, B. B. (2015). From jailer to jailed—My journey from correction and police commissioner to inmate #84888-054. New York: Threshold Editions.
Khanna, V., Kim, E. H., & Lu, Y. (2015). CEO connectedness and corporate fraud. The Journal of Finance, 70(3), 1203–1252.
Kjeldsen, A. M., & Jacobsen, C. B. (2013). Public service motivation and employment sector: Attraction or socialization? Journal of Public Administration Research and Theory, 23(4), 899–926.
Kostelnik, J. (2012). Sentencing white-collar criminals: When is shaming viable? Global Crime, 13(3), 141–159.
Lord, N. (2016). Establishing enforcement legitimacy in the pursuit of rule-breaking ‘global elites’: The case of transnational corporate bribery. Theoretical Criminology, 20(3), 376–399.
Lopez-Rodriguez, S. (2009). Environmental engagement, organizational capability and firm performance. Corporate Governance, 9(4), 400–408.
Marshall, C. K. (2009, March). Why can’t Martha Stewart have a gun? Harvard Journal of Law & Public Policy, 32‚ 695–735.
McGurrin, D., Jarrell, M., Jahn, A., & Cochrane, B. (2013). White collar crime representation in the criminological literature revisited, 2001–2010. Western Criminology Review, 14(2), 3–19.
Michel, P. (2008). Financial crimes: The constant challenge of seeking effective prevention solutions. Journal of Financial Crime, 15(4), 383–397.
Murphy, P. (2010). The intractability of reputation: Media coverage as a complex system in the case of Martha Stewart. Journal of Public Relations Research, 22(2), 208–237.
Nalbandian, J., & Edwards, J. T. (1983). The professional values of public administrators: A comparison with lawyers, social workers, and business administrators. Review of Public Personnel Administration, 4, 114–127.
Naylor, R. T. (2003). Towards a general theory of profit-driven crimes. British Journal of Criminology, 43, 81–101.
Nichols, C. (2011). Addressing inept SEC enforcement efforts: Lessons from Madoff, the hedge fund industry, and title IV of the Dodd-Frank Act for U.S. and global financial systems. Northwestern Journal of International Law & Business, 31, 637–698.
Nolasco, C. A. R. I., Vaughn, M. S., & Carmen, R. V. (2013). Revisiting the choice model of Ponzi and Pyramid schemes: Analysis of case law. Crime, Law and Social Change, 60, 375–400.
Onna, J. H. R., Geest, V. R., Huisman, W., & Denkers, J. M. (2014). Criminal trajectories of white-collar offenders. Journal of Research in Crime and Delinquency, 51, 759–784.
Perry, J., Hondeghem, A., & Wise, L. (2010). Revisiting the Motivational Bases of Public Service. Public Administration Review, 70(5), 681–690.
Perry, J. L., & Wise, L. R. (1990). The motivational bases of public service. Public Administration Review, 50(3), 367–373.
Piquero, N. L. (2012). The only thing we have to fear is fear itself: Investigating the relationship between fear of falling and white collar crime. Crime and Delinquency, 58(3), 362–379.
Pontell, H. N., Black, W. K., & Geis, G. (2014). Too big to fail, too powerful to jail? On the absence of criminal prosecutions after the 2008 financial meltdown. Crime, Law and Social Change, 61(1), 1–13.
Powers, W. C., Troubh, R. S., & Winokur, H. S. (2002, February 1). Report of investigation by the Special Investigative Committee of the Board of Directors of Enron Corporation (218 pp). http://news.findlaw.com/wsj/docs/enron/sicreport/.
Ragothaman, S. C. (2014). The Madoff debacle: What are the lessons? Issues in Accounting Education, 29(1), 271–285.
Rawls, K. L. (2009). Martha Stewart and insider trading (10 pp). Faculty Publications and Presentations, School of Business, Liberty University.
Shen, W. (2003). The dynamics of the CEO-board relationship: An evolutionary perspective. Academy of Management Review, 28(3), 466–476.
Stadler, W.A. and Benson, M.L. (2012). Revisiting the Guilty Mind: The Neutralization of White-Collar Crime. Criminal Justice Review, 37(4), 494–511.
Sutherland, E. H. (1940). White-collar criminality. American Sociological Review, 5, 1–12.
Sutherland, E. H. (1949). White collar crime. New York: Holt Rinehart and Winston.
Sykes, G., & Matza, D. (1957). Techniques of neutralization: A theory of delinquency. American Sociological Review, 22(6), 664–670.
Treadway, D. C., Adams, G. L., Ranft, A. L., & Ferris, G. R. (2009). A meso-level conceptualization of CEO celebrity effectiveness. The Leadership Quarterly, 40(4), 554–570.
Weaver, C. N. (1975). Job preferences of white collar and blue collar workers. Academy of Management Journal, 18(1), 167–175.
Wilmer and PwC. (2003). Report of investigation by the Special Investigative Committee of the Board of Directors of WorldCom Inc. (345 pp). Wilmer, Cutler, & Pickering (Councel) and PricewaterhouseCoopers LLP (Accounting Advisors). Retrieved February 8, 2015, from http://www.sec.gov/Archives/edgar/data/723527/000093176303001862/dex991.htm.
Wright, B. E. (2007). Public service and motivation: Does mission matter? Public Administration Review, 67(1), 54–64.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2017 The Author(s)
About this chapter
Cite this chapter
Gottschalk, P. (2017). White-Collar Criminals. In: CEOs and White-Collar Crime. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-55935-3_3
Download citation
DOI: https://doi.org/10.1007/978-3-319-55935-3_3
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-55934-6
Online ISBN: 978-3-319-55935-3
eBook Packages: Law and CriminologyLaw and Criminology (R0)