Corporate Governance

There are various types of corporate crimes. I would like to suggest some measures to over come the corporate crimes with the help of some case studies in my paper. Most of the times crime takes place by some professionals due to less amount of salary, delay in payments, officials thirst for obtaining money and status, economic recession, competitiveness, worst political practices, irrelevant corporate Governance (Lift­ ing the corporate veil and breaking the corporate shell) (Constructive notices)etc irresponsible Government policy implementation, black marketing, Unfair activities of stock market speculators, embezzlement of orga­ nizational funds, conflicts in interests,job discriminations, unsafe products etc. Profession arises when any trade or occupation transforms itself through, "the development of formal qualifications based upon education and examinations, the emergence of regulatory bodies with powers to admit & discipline members & some degree of monopoly rights. Professionalism means starting with the establishment of the activity as a full-time occupation, pro­ gressing through the establishment of training schools & university links, the formation of a professional organization& the struggle to gain legal support for exclusion & culmination with the formation of a formal code of ethics. The term corporate crime refers to the crimes committed by a corporation i.e., business organisation exists under the eyes oflaw which has separate legal entity as an artificial person or by its individuals. There are various types of corporate crimes. I would like to suggest some measures to over come the corporate crimes with the help of some case studies in my paper. Most of the times crime takes place by some professionals due to less amount of salary, delay in payments, officials thirst for obtaining money and status, economic recession, competitiveness, worst political practices, irrelevant corporate Governance (Lift­ ing the corporate veil and breaking the corporate shell) (Constructive notices)etc irresponsible Government policy implementation, black marketing, Unfair activities of stock market speculators, embezzlement of orga­ nizational funds, conflicts in interests,job discriminations, unsafe products etc. Profession arises when any trade or occupation transforms itself through, "the development of formal qualifications based upon education and examinations, the emergence of regulatory bodies with powers to admit & discipline members & some degree of monopoly rights. Professionalism means starting with the establishment of the activity as a full-time occupation, pro­ gressing through the establishment of training schools & university links, the formation of a professional organization& the struggle to gain legal support for exclusion & culmination with the formation of a formal code of ethics.