The collapse of Enron. The convictions at Arthur Andersen. The bankruptcy of WorldCom. We live in an era defined by corporate greed and malfeasance—one in which unprecedented accounting frauds and failures of compliance run rampant. Allegations against some of the most revered companies in the United States continue to raise disturbing questions about business ethics, good corporate citizenship, and organizational accountability. To calm investor fears, revive perceptions of legitimacyA‚A in markets, and demonstrate the resolve of state and federal regulators, a host of reforms, high-profile investigations, and symbolic prosecutions have been conducted. But are they enough? In this timely work, William S. Laufer argues that even with recent legal reforms—and those about to be enacted—corporate criminal law continues to be ineffective. Corporate Bodies and Guilty Minds outlines the many reasons why this is so. Laufer considers the failure of courts and...

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