Notes 3-3 - Corporate Crime In a recent study of 600 of the...

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Unformatted text preview: Corporate Crime In a recent study of 600 of the U.Ss largest manufacturing companies, 60% were charged with at least one violation over the two year period; 43% with more than one violation; 13% of the companies responsible for over half the violations Heavily concentrated in auto, oil, and pharmacy industries Merck knew Vioxx increased likelihood of stroke and heart attack. Accounts for 11% or 2.5 billion in yearly revenue to Merck Societys Reaction to Crime As of April 2006, 751/100,000 persons were imprisoned in the U.S. (about 2 million); vs. 665/100,000 in Russia: vs. less than 62/100,000 in Japan (lowest industrial nation) - Japan has tough gun control laws and drug laws, cooperation between police and citizens, tougher sentencing in Japan On a per capita basis, 12X more than Japan 1 out of 8 black men in U.S. between 25-29 are behind bars. Compared to 1 and 63 white men, 1 and 27 Hispanics About 1 in 32 American Adults (6.6 million are in jail, prison, on parole, or on probation. This About 1 in 32 American Adults (6....
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Notes 3-3 - Corporate Crime In a recent study of 600 of the...

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