Ivancevich, John M. Konopaske, Robert Gilbert, Jacqueline A.
Abstract
The dust has settled, and the 2001-2002 corporate scandals are in the rearview mirror for most executives and managers. There is, however, still an upward trend in white-collar crime, which can negatively affect everything from investor confidence, to stockholder embarrassment, to the degree to which the public views the firm's social responsibility and reputation. We find that formal shaming sanctions are slowly being added to the traditional punishment options of fines and incarceration for convicted white-collar offenders. Sentencing judges, courts, legislatures, convicted criminals, and the public have little understanding of the deterrence impact, if any, of shaming sanctions. This article attempts to clarify what shaming sanctions are, why white-collar personnel should become more familiar with the array of shaming punishments being utilized, and how shaming sanctions are being used to deal with white-collar offenders.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.