White Collar Crimes: Sociological Perspective

  • Aryan Vir Roy Chowdhury
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  • Aryan Vir Roy Chowdhury

    Student at KIIT School Of Law, India

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Abstract

The phrase "white-collar crime" refers to a broad range of nonviolent crimes that are frequently committed for financial gain in formal settings. The assumption that organisations play special roles in the social organisation of illegality links many of the ideas of white-collar crime that can be found in the literature. However, many white-collar crimes are extremely difficult to prosecute due to the sophisticated techniques utilised by the criminals to conceal their activities through a series of intricate transactions. Whistleblowers are especially beneficial to prosecutors of white-collar offences because they show internal misbehaviour. White collar crimes, characterized by deceptive practices committed by individuals in positions of power and privilege, have far-reaching societal implications. Understanding these crimes from a sociological perspective allows for a comprehensive analysis of their causes, consequences, and the broader social structures that facilitate their occurrence. This abstract provides an overview of the sociological perspective on white collar crimes, highlighting key concepts, theoretical frameworks, and empirical findings. This abstract also discusses the consequences of white collar crimes, which extend beyond immediate financial losses. These crimes erode public trust, undermine social cohesion, and perpetuate inequality. Sociologists have examined the impact of white collar crimes on victims, communities, and society at large, emphasizing the need for regulatory frameworks and social policies that address the root causes and minimize the harm caused by such offenses. Additionally, this abstract highlights empirical research on white collar crimes, including case studies, statistical analyses, and qualitative investigations. Sociologists have explored various forms of white collar crimes, such as corporate fraud, embezzlement, bribery, and insider trading, examining the organizational contexts, cultural norms, and individual motivations that contribute to their occurrence. We shall attempt to study a variety of facets of white-collar crime in this project, as well as its effects on society. Title: White Collar Crimes: A Sociological Perspective.

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International Journal of Law Management and Humanities, Volume 6, Issue 4, Page 964 - 970

DOI: https://doij.org/10.10000/IJLMH.115515

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