Corporate Crime
Corporate crime refers to illegal activities conducted by individuals or organizations in a business context, often for financial gain. These crimes can include fraud, embezzlement, insider trading, and violations of environmental laws. Such actions can harm consumers, employees, and the economy, leading to significant legal consequences for the companies involved.
The impact of corporate crime extends beyond financial losses, as it can erode public trust in businesses and institutions. Regulatory bodies, such as the Securities and Exchange Commission (SEC) in the United States, work to investigate and prosecute these offenses to maintain fair market practices and protect stakeholders.