What Are The Theories Of White-collar Crime

What are the theories of white-collar crime?

The theories relevant to the study of white collar crime are Labeling Theory, Deterrence Theory, and Conflict Theory. Labeling Theory is applicable because white collar criminals are clearly labeled as just that, which is very different from a typical violent criminal.

What is the learning theory of white-collar crime?

The social learning theory explains white collar crime using all four parts of the theory. Differential association explains how the criminal behavior is learned through communication in groups. The motives, rationalizations, and techniques are all learned as well.

What is the general strain theory of white-collar crime?

The idea of strain in criminal offending is grounded in Agnew’s (1992, 2006) general strain theory, which states that adverse events or conditions (ie strains) induce stress and associated negative emotions (eg anger, anxiety, frustration or despair) and arguably precipitate criminal activity as a form of corrective …

What is the principle of white-collar crime?

But the FBI has adopted the narrow approach, defining white-collar crime as those illegal acts which are characterized by deceit, concealment, or violation of trust and which are not dependent upon the application or threat of physical force or violence (1989, 3).

Who gave the theory of white-collar crime?

The term “white-collar crime” was coined in the 1930s by sociologist and criminologist Edwin Sutherland. He used the phrase to describe the types of crimes commonly committed by “persons of respectability” – people who are recognized as possessing a high social status.

Why is it called white-collar crime?

White-collar crimes get their name from the fact that they are usually committed by white-collar workers taking advantage of their position within a company or government agency to extract some financial gain. Some of the most common examples of white-collar crime include: Insider trading. Money laundering.

What are general strain theories?

Agnew’s general strain theory now acknowledges that events which are perceived to be especially negative by those who experience them are positively correlated with a greater likelihood of criminal behavior (Agnew & Froggio, 2007). Strain theory has been used to explain a variety of criminal phenomenon.

What is strain theory and crime Merton?

Strain theory is a sociological and criminological theory developed in 1938 by Robert K. Merton. The theory states that society puts pressure on individuals to achieve socially accepted goals (such as the American Dream), even though they lack the means to do so.

What are the different types of crime strain theory?

The strains most likely to result in crime are those that are high in magnitude, that are seen as unjust, strains associated with low social control — such as parental rejection — and strains that create a pressure or incentive to cope criminally — such as a desperate need for money (Agnew & Brezina, 2019).

What are the two elements of white-collar crime?

The definition of white collar crime has two basic components: it is a non-violent offense and it involves some kind of financial gain for the perpetrator. Most of the people accused of such crimes are business owners, politicians, financial workers, and other types of professionals.

What is the blue collar crime theory?

Blue-collar workers may not have access to the same resources as white-collar workers, so they tend to commit crimes that are immediate and personal in nature, such as robbery, rather than crimes that involve elaborate planning. This is not to say that white-collar workers don’t commit blue-collar crimes.

What are four white collar crimes examples?

White collar crimes can range from fraud, embezzlement, and insider trading to money laundering, bribery, and cybercrime. Despite their nonviolent nature, the impact of these crimes is far from benign.

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