| Autor: |
Oskar Engdahl |
| Rok vydání: |
2012 |
| Předmět: |
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| Zdroj: |
Journal of Financial Crime. 20:39-51 |
| ISSN: |
1359-0790 |
| DOI: |
10.1108/13590791311287346 |
| Popis: |
Purpose – The paper discusses how proficiency‐based licensing of professionals may promote a culture of fair play and thus counteract economic and white collar crime in markets characterised by unilateral focus on financial targets and a culture of competition.Design/methodology/approach – The crime prevention potential of licensing schemes is analysed using disciplinary sanction decisions, documentation of how the licensing scheme for professionals working in the Swedish securities market is organised, interviews with representatives of the scheme and previous research.Findings – Licensing schemes have good potential to strengthen a culture of fair play and thereby prevent criminality and mismanagement. Particular emphasis should be put on the opportunity to use such schemes to raise regulatory awareness in the industry and thereby suppress the growth of criminogenic sub‐cultures in firms. When combined with the potential of this self‐regulatory approach to give licence holders a sense that obligations a... |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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