Equity fines for corporate crime: Why they should be back on the legislative agenda

Schofield-Georgeson, E

Equity fines for corporate crime: Why they should be back on the legislative agenda

Schofield-Georgeson, E

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Publication Type:: Journal Article
Citation:: Alternative Law Journal, 2019
Issue Date:: 2019-01-01

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Field	Value	Language
dc.contributor.author	Schofield-Georgeson, E https://orcid.org/0000-0003-1022-4844	en_US
dc.date.available	2019-10-04	en_US
dc.date.issued	2019-01-01	en_US
dc.identifier.citation	Alternative Law Journal, 2019	en_US
dc.identifier.issn	1037-969X	en_US
dc.identifier.uri	http://hdl.handle.net/10453/137195
dc.description.abstract	© The Author(s) 2019. Corporate crime causes significant social and environmental harm and its sentencing is frequently ineffective due to the ability of corporations to pass-on monetary fines to stakeholders such as workers and consumers. This article investigates the notion of equity fines or share dilution as an alternative corporate punishment that avoids the pitfalls of conventional monetary fines while acting as a significant deterrent to corporate offending. It does so by responding to the last official Australian critique of this punishment, in light of a 2010 attempt by the Scottish legislature to implement equity fines in that jurisdiction.	en_US
dc.relation.ispartof	Alternative Law Journal	en_US
dc.relation.isbasedon	10.1177/1037969X19884703	en_US
dc.rights	info:eu-repo/semantics/embargoedAccess
dc.title	Equity fines for corporate crime: Why they should be back on the legislative agenda	en_US
dc.type	Journal Article
utslib.for	1801 Law	en_US
utslib.for	1606 Political Science	en_US
utslib.for	2201 Applied Ethics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Law
utslib.copyright.status	open_access	*
utslib.copyright.embargo	2021-12-15T00:00:00+1100
pubs.publication-status	Published	en_US

Abstract:

© The Author(s) 2019. Corporate crime causes significant social and environmental harm and its sentencing is frequently ineffective due to the ability of corporations to pass-on monetary fines to stakeholders such as workers and consumers. This article investigates the notion of equity fines or share dilution as an alternative corporate punishment that avoids the pitfalls of conventional monetary fines while acting as a significant deterrent to corporate offending. It does so by responding to the last official Australian critique of this punishment, in light of a 2010 attempt by the Scottish legislature to implement equity fines in that jurisdiction.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/137195