Student posters examine business crimes
June 20, 2006
KOKOMO, Ind.—Employee theft, fraud, and other unethical activities in the workplace can damage lives and cost far more than street crimes do. However, short of an Enron-type scandal, these behaviors are largely overlooked and rarely spelled out in academic texts on management, according to Julia Levashina, Ph.D., Indiana University Kokomo assistant professor of human resources management.
Her students in the course Managing and Behavior in Organizations have researched a variety of white collar business crimes, as well as ways to predict such behaviors and possible remedies. They have summarized their studies in posters that will be displayed in the IU Kokomo Art Gallery on Wednesday, June 21. The public is welcome to view them and talk with the presenters from 6–7:30 p.m.
“The Department of Justice estimates that the economic costs alone of corporate crime are 7–20 times greater than that of street crime,” said Levashina. Moreover, these deviant behaviors “appear to be a part of organizational life, damaging individuals, such as employees and shareholders.” The recent corruption charges against executives at such businesses as WorldCom and Enron point out the added injury these crimes can inflict on the credibility of business organizations, she added.
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