Boardroom Scandal: The Criminalization of Company Fraud in Nineteenth-Century Britain by James TaylorBoardroom Scandal: The Criminalization of Company Fraud in Nineteenth-Century Britain by James Taylor

Boardroom Scandal: The Criminalization of Company Fraud in Nineteenth-Century Britain

byJames Taylor

Hardcover | May 25, 2013

not yet rated|write a review

Pricing and Purchase Info

$111.36 online 
$136.50 list price
Earn 557 plum® points

Out of stock online

Not available in stores

about

Should businessmen who commit fraud go to prison? This question has been asked repeatedly since 2008. It was also raised in nineteenth-century Britain when the spread of corporate capitalism created enormous new opportunities for dishonesty. Historians have presented Victorian Britain as ahaven for white-collar criminals, beneficiaries of a prejudiced criminal justice system which only dealt harshly with offences by the poor. Boardroom Scandal challenges these beliefs. Based on an unparalleled sample of legal cases - many examined here for the first time - James Taylor presents a radical new interpretation of the relationship between capitalism and the law. Initially, there were no criminal sanctions against publishing false prospectuses, concealing losses inbalance sheets, and even misappropriating company money. But parliament became convinced of the need to criminalize these practices to protect the culture of stock market investment on which mid-Victorian prosperity increasingly rested. Persuading judges to play along was harder, with many invokingthe principle of caveat emptor to exonerate defendants. But by the end of the century, successful prosecutions of company executives were commonplace. These trials performed multiple functions: they stabilized confidence in times of crisis; they dramatized the class blindness of the law; and theywere increasingly seen as essential as faith in a self-regulating economy ebbed. The criminalization of fraud, therefore, has far-reaching implications for our understanding of nineteenth-century Britain. It also has relevance today in light of the on-going economic crisis and the issues it raisesregarding business ethics and the role of the state.

About The Author

James Taylor is a Senior Lecturer in the Department of History at Lancaster University. He is the author of Creating Capitalism and co-author of Shareholder Democracies.
Bmw M3: The Complete Story
Bmw M3: The Complete Story

by James Taylor

$43.10$53.95

In stock online

Not available in stores

Land Rover Discovery: 25 Years Of The Family 4 X 4
Land Rover Discovery: 25 Years Of The Family 4 X 4

by James Taylor

$54.95

Ships within 3-5 weeks

Not available in stores

Coachwork On Ferrari V12 Road Cars 1948-89
Coachwork On Ferrari V12 Road Cars 1948-89

by James Taylor

$75.60$84.95

Pre-order online

Not yet available in stores

Shop this author

Details & Specs

Title:Boardroom Scandal: The Criminalization of Company Fraud in Nineteenth-Century BritainFormat:HardcoverDimensions:304 pages, 9.21 × 6.14 × 0.03 inPublished:May 25, 2013Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199695792

ISBN - 13:9780199695799

Look for similar items by category:

Customer Reviews of Boardroom Scandal: The Criminalization of Company Fraud in Nineteenth-Century Britain

Reviews

Extra Content

Table of Contents

1. Introduction: Company Fraud in Historical PerspectivePART I: TOLERATION2. The Morals of Mania: The 1820s3. Mismanagement or Fraud? The 1830sPART II: CRIMINALIZATION4. Baffling Fraud: The 1840s5. Criminalizing Fraud: The 1850s6. One Law for the Rich? The 1860sPART III: ENFORCEMENT7. Offences Against the State: The 1870s8. A Mixed Economy of Prosecutions: The 1880s9. Regulating the City: The 1890s10. Epilogue: Following the Victorian Path