Business crimes

• Main Author: WAN, Wai Yee
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2009
• Subjects: Business Organizations Law; Legal Ethics and Professional Responsibility
• Online Access: https://ink.library.smu.edu.sg/sol_research/2778; https://search.library.smu.edu.sg/discovery/fulldisplay?docid=alma996620402601&context=L&vid=65SMU_INST:SMU_NUI&lang=en&search_scope=Everything&adaptor=Local%20Search%20Engine&isFrbr=true&tab=Everything&query=any,contains,Principles%20of%20Singapore%20Business%20Law&sortby=date_d&facet=frbrgroupid,include,9058547428551176548&offset=0
• Institution: Singapore Management University

There is no formal definition of a “business crime” or a “white-collar crime”in the context of Singapore legislation. Neither do any of these terms carryany legal significance. The term “white-collar crime” was popularised afterthe American sociologist, Edwin H Sutherland, delivered his presidentialaddress “White-Collar Criminality” in 1939 to the American SociologicalSociety, where he compared crime in the upper or white-collar class,composed of respectable or at least respected business and professionalmen, with that of the lower class, comprising persons of low socioeconomicstatus (E H Sutherland, “White-Collar Criminality” (1940) 5 AmericanSociological Review.