Ac573 Week 1
5. Identify the principal agents who expose white collar crime in contemporary society. What factors motivate people to expose such crime, and what factors inhibit them from doing so? What specific policy measures can be adopted to encourage exposure of white collar crime?
The principle agents who expose white collar crimes in contemporary society are informers, whistleblowers and investigative reporters. Informers would consist of the people like politicians who usually give information to receive a lesser sentence or the like for their own involvement. This is very popular here in IL where the politicians are tried and convicted and then become witnesses testifying against one of their fellow conspirators. These informants are motivated by their sense of self-preservation. However, they can be reluctant to tell as there may be a fear of retaliation to them or to their families. Also, there are whistleblowers who, in my opinion, are usually driven by moral and ethical values. These brave people are the ones who brought companies, like Enron, to the forefront. They are your everyday employees who see something wrong, and bring it to the attention of those who can enforce the laws that are in place. Moreover, they could be reluctant to tell anything due to fear of being blacklisted, loss of employment, or being ostracized among other negative reactions. Sometimes the negative social and financial repercussions outweigh the benefits of doing what is morally right. Last, there are investigative reporters. These professional bring issue to the forefront, when it appears that they are being overlooked by society. A good example of this is a news story that showed, at different construction sites, workers asleep on the job, wasting tax payer money. Another story involved politicians being investigated for giving contracts to friends and family. Investigative reporting is motivated by professionals who want to bring to the forefront the crimes of companies and
The principle agents who expose white collar crimes in contemporary society are informers, whistleblowers and investigative reporters. Informers would consist of the people like politicians who usually give information to receive a lesser sentence or the like for their own involvement. This is very popular here in IL where the politicians are tried and convicted and then become witnesses testifying against one of their fellow conspirators. These informants are motivated by their sense of self-preservation. However, they can be reluctant to tell as there may be a fear of retaliation to them or to their families. Also, there are whistleblowers who, in my opinion, are usually driven by moral and ethical values. These brave people are the ones who brought companies, like Enron, to the forefront. They are your everyday employees who see something wrong, and bring it to the attention of those who can enforce the laws that are in place. Moreover, they could be reluctant to tell anything due to fear of being blacklisted, loss of employment, or being ostracized among other negative reactions. Sometimes the negative social and financial repercussions outweigh the benefits of doing what is morally right. Last, there are investigative reporters. These professional bring issue to the forefront, when it appears that they are being overlooked by society. A good example of this is a news story that showed, at different construction sites, workers asleep on the job, wasting tax payer money. Another story involved politicians being investigated for giving contracts to friends and family. Investigative reporting is motivated by professionals who want to bring to the forefront the crimes of companies and