This essay identifes what white collar (or corporate) crime is, how it is allowed to exist, its effects and how better the problem could be dealt with, including legislative reform.

This essay will commence with an examination of what corporate crime is and how it affects our society. It will then examine the conditions within our society that allow corporate crime to exist and the way in which the corporate world is able to exercise influence to maintain a lack of regulatory control that has led to serious community detriment including death, serious injury and massive shareholder losses following the collapse of giant transnational corporations …

… operate within the limits of prevailing laws and would not seriously contemplate committing serious criminal breaches. As such, it would be unfair to unnecessarily over-regulate the majority for the purposes of reigning in the minority. By introducing a range of tactics as described in this essay, the honest majority would not be disadvantaged, the likelihood of achieving meaningful results against wrongdoers would be increased and prevention through deterrence would be more likely to result.