Corporate Liability for Economic Crimes

Abstract

Michael Elliot and Felix Lüth examine the development of corporate criminal liability. Reaching back to its historical roots in the United States, they discuss how the Foreign Corrupt Practices Act was internationalized through organizations like the OECD and FATF and in a more diluted fashion through the UN, giving corruption its current character as a public-sector problem committed by corrupt individuals rather than by institutions as a whole.