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Description - White-Collar Crime in Modern England by George Robb

This book examines the history of white-collar crime in England from the Victorian period to the early twentieth century. In the period between the 1840s and the 1920s the British economy was transformed from small-scale capitalism dominated by individual traders and partnerships to a complex financial structure dominated by large, joint stock companies. The tremendous growth of big business and the complexity of the corporate form created a world of new opportunities for criminal exploitation. The promotion and management of public companies and the trading of commercial securities proved vulnerable to the white-collar crimes of fraud and embezzlement on the part of those directors, managers and stockbrokers who were entrusted with investors' money. Problems of financial fraud were exacerbated by a climate of laissez-faire which championed the most permissive commercial legislation in the world, and which undermined efforts at greater state regulation of business. White-collar crime wreaked havoc on the modern British economy, robbing the public of millions of pounds, undermining trust in commercial integrity and depressing the level of investment in new industries.

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Book Details

ISBN: 9780521526128
ISBN-10: 0521526124
Format: Paperback
(228mm x 152mm x 17mm)
Pages: 264
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 18-Jun-2002
Country of Publication: United Kingdom

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