Corporate crime can be classified into different categories using specific characteristics. The first category would be the victims of the crime. Victims of these crimes consists of the general public, the consumers, as well as the people who are employed to work within the lower ranks of these companies. In addition, competing companies can also become a victim to corporate crimes. The second way corporate crime is classified is by determining the destructive action of these corporations such as corporate violence, corruption, stealing, and deception within the organizations (Friedrichs, 2010, p. 64).
Another way corporate crime can be classified is by highlighting the size of the corporate entities. “For example, crimes of transnational corporations; crimes of major domestic corporations; crime of small, locally based corporations; or crimes of incorporated individual enterprises” (Friedrichs, 2010, p. 64). Lastly, corporate crimes can be grouped depending the type of services they have available. These can consist of services provided by health care providers, as well as services render by the pharmaceutical industries. …show more content…
For example, corporate fraud can be defined as the violation of a company to scam other individuals out of certain services or products. These actions have led to the corporation’s ability to increase their monetary gains. By doing so they are able to increase their corporate wealth and power. In addition, a company extreme power can help the corporation abuse these powers. For example, a company that has immense power are able to rig the political system. These actions have created a system in where big corporations determine what policies benefit them the most even if it means jeopardizing the wellbeing of the regular citizens (Friedrichs, 2010, p
Another way corporate crime can be classified is by highlighting the size of the corporate entities. “For example, crimes of transnational corporations; crimes of major domestic corporations; crime of small, locally based corporations; or crimes of incorporated individual enterprises” (Friedrichs, 2010, p. 64). Lastly, corporate crimes can be grouped depending the type of services they have available. These can consist of services provided by health care providers, as well as services render by the pharmaceutical industries. …show more content…
For example, corporate fraud can be defined as the violation of a company to scam other individuals out of certain services or products. These actions have led to the corporation’s ability to increase their monetary gains. By doing so they are able to increase their corporate wealth and power. In addition, a company extreme power can help the corporation abuse these powers. For example, a company that has immense power are able to rig the political system. These actions have created a system in where big corporations determine what policies benefit them the most even if it means jeopardizing the wellbeing of the regular citizens (Friedrichs, 2010, p