What lessons can be learned from Madoff's crimes? Individual responsibility of financial criminals does not justify the lack of shared responsibility in the fight against financial crime Online publication date: Sun, 01-Feb-2015
by Frédéric Compin
International Journal of Economics and Accounting (IJEA), Vol. 5, No. 3, 2014
Abstract: Analysing individual acts committed by financial criminals such as B. Madoff requires not only addressing the collective perception of individual responsibility but also the need for shared responsibility in the fight against financial crime. Given that financial crime impacts both on the functioning and financing of society, this paper highlights the need to explore the far-reaching implications of every criminal act. Engaging the necessary resources to effectively and collectively combat this scourge cannot be achieved if analysis is restricted to the nature of criminal acts and motives of the perpetrators.
Online publication date: Sun, 01-Feb-2015
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Economics and Accounting (IJEA):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email email@example.com