Corporate wrong-doing is headline news such as General Motors' failure to recall millions of faulty ignition switches
Question:
Corporate wrong-doing is headline news such as General Motors' failure to recall millions of faulty ignition switches and BP's pleading guilty to causing the deaths of 11 workers and causing the worst oil spill in U.S. history.
Read the following article, http://www.nytimes.com/2015/10/24/us/politics/criminals-should-get-same-leniency-as-corporations-judge-says.html?_r=0
1. What are the benefits of a corporation entering into a deferred prosecution agreement? How are stakeholders (i.e. employees, stockholders, customers, etc.) impacted? Are there negatives that should be considered?
2. Should individuals who are accused of white collar crime be treated the same as corporations? Why or why not?
Microeconomics Theory and Applications
ISBN: 978-1118758878
12th edition
Authors: Edgar K. Browning, Mark A. Zupan