According to the Criminogenic _______ Perspective, White-Collar Crime Is Seen

question 9

Multiple Choice

According to the criminogenic _______ perspective, white-collar crime is seen as an outgrowth of the structure and organization of industries rather than the result of individual characteristics of those involved; white-collar crime is thus ultimately a systemic problem.

• A) institutional framework
• B) market
• C) structure
• D) culture

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Definitions:

Agency Costs

Expenses that arise from conflicts of interest between management of a company and its shareholders, including costs related to monitoring and aligning interests.

Underinvestment

Underinvestment occurs when a company or individual invests less than what is necessary to achieve optimal growth or returns.

Wasteful Spending

This refers to the unnecessary or excessive use of funds.

Corporate Valuation Model

Defines the total value of a company as the value of operations plus the value of nonoperating assets plus the value of growth options.