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Raising the ethical bar in corporate world

September 2, 2013

justicia

Findings on gender and corporate crime are scarce. Recently, however researchers from Penn State scrutinised the data and came to a striking conclusion: vast majority of corporate offend­ers were men with only a handful of women being involved in serious fraud, from ponzi schemes to false accounting.

After analysing 83 major cases with 436 white collar defendants, researchers found out nine in ten perpetrators were men. Men committed all solo executed frauds and 75% of conspiracy groups were exclusively male. Furthermore there were no female conspiracy rings and half of the women involved have not profited at all.

Overall, it appears that most corporate fraud to date has exclusionary nature in terms of gender. Men tend to segregate themselves from women when they endeavor to commit a group fraud. Since corporate crime inflicts far more damage on society than all street crime combined, will more women raise the ethical bar in corporate world or, will women, while climbing on top, adopt harmful risk strategies?

 

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From → Hic Salta

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  1. Less fraud with more women | feminet

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