Introduction: What is Corporate

wrongdoing

• Edwin Sutherland explained white-

collar crime as a crime committed
by a person of high status in the
course of his occupation.
• It became corporate crime when it
is done by a member of top
management.
• e.g. fraud, illegal export, bribery,
tax evasion and so on.
Arguments for seeking to identify and
deal with corporate wrongdoing

Corporate collapse
 accusation of corporate
wrongdoing will lead to failure
and collapse.
Arguments for seeking to identify and
deal with corporate wrongdoing

Readjustment
 Enforced to readjust our
financial problems
Arguments for seeking to identify and
deal with corporate wrongdoing

The negative influence on the

worker quality
The work environment is too bad
Moral standards are too low
 Arguments against seeking to identify &
deal with corporate wrongdoing

 Corporate wrongdoing is unethical, but not

criminal.
 Legal authorities had been received bribe.
 Whistle blower can gain benefits.
 Allegation of company cause unemployment.
 How to identify and stop a corporate
wrongdoing?

Being informed by employee or public

Whistle blowing
A whistle blower might do disclose internally.
Exterior authorities.
How to identify and stop a corporate
wrongdoing?

Investigation

A method o identify the corporate

wrongdoing by apply it to a suspected
business.
How to identify and stop a corporate
wrongdoing?

Password protection
Attached to electronic files will be
produced.
Stored on Protected Disclosure Officer’s
computer.
Identity or other relevant information to a
whistle-blower or any witnesses’ matter
must not be shared.
 How to identify and stop a corporate
wrongdoing?

Prosecution towards the guilty corporate

At the end of the investigation, the result must be

presented to the authorities.
A dangerous product would be recalled and the sale of
such product is prohibited.
A faulty corporate might be obliged to make
remediation of environmental damage.
 How to prevent the corporate
wrongdoing?

Human Resource department

 Internal discipline
 Line with and support the company policy
statement and response plan
 Useful advice to the organization’s personnel
management strategies
 Individual employment histories
 Matters relevant to employment law or equal
opportunities
 How to prevent the corporate
wrongdoing?

Audit committee
organization’s internal control and risk management
design and implementation of anti-fraud programs
and controls
monitoring the reliability of the financial statement
report any matter that are considered material or
important to the board
How to prevent the corporate
wrongdoing?

Manager
Develop a plan to cultivate
the personal ethics in a
workplace
Set a better mission
Good image among the
public
Hold up a speech in order to
express
 How to prevent the corporate
wrongdoing?

Legal authorities
corporate wrongdoing through
the mass media so that the victim
will not remain silent
Importance of identifying and dealing
with corporate wrongdoing

To protect our

consumer right
E.g. right to safety,
right to environmental
health, right to
consumer education
and so on.
Importance of identifying and dealing
with corporate wrongdoing

Students realize the value of

education only if they consider the
education is applicable in their daily
life or workplace.
Boring
…
Importance of identifying and dealing
with corporate wrongdoing

• To protect environment
• In year 2012, Australia, Marloelle Pty Ltd
cleared 4.5 hectares of land at Tamworth.
• Penalty: $184,000 !
• Deforestation is wrong.
 Result of
Deforestation

Extinction of Release CO2

animals and plants Global warming
 Conclusion
 Each party has to be united in
dealings with corporate
wrongdoing
Sea are stronger than drops of
water
Thank You