The number of out-of-court deals in federal charges of corporate crimes has soared to record-setting highs, where major companies pay large fines for criminal wrongdoing but no one goes to jail. Brandon Garrett, the Justice Thurgood Marshall Distinguished Professor of Law at the University of Virginia School of Law, delved into the complex deals that take place between the U.S. justice system and the corporate world in a standing-room-only event hosted by the University of Maryland’s Center for the Study of Business Ethics, Regulation and Crime (C-BERC...
A recent tax court overruling of the Internal Revenue Service marks "a big win for all MBA students" — according to a Wall Street Journal source. But Smith School accounting professor Samuel Handwerger says not so fast. "MBA students should not automatically expect the IRS to back off on its scrutiny over tuition deductions," he says. "The case represents the latest in a history of cases where the IRS looks at the MBA...
Democrats and Republicans are calling to reinstate a version of the Glass-Steagall Act, which from 1933 to 1999 separated investment banking (underwriting, issuing and distributing financial instruments like stocks and bonds) from commercial banking (deposit-taking and lending) activities. Are legislators about to break up the big banks? Don't count on it, say professors Cliff Rossi and Phillip L. Swagel...
Congratulations to Professor Sally Simpson, director of C-BERC and professor in the department of criminology and criminal justice, on being appointed a member in the Committee on Law and Justice, National Academy of Sciences, Engineering and Medicine (2016-2019)!
The Center for the Study of Business Ethics, Regulation & Crime (C-BERC) sponsored and hosted a panel discussion on November 17, 2015 on ‘Regulating business compliance: What works, what doesn’t, and why?’ addressing the question of how to best prevent and control corporate misconduct.
Cyber attacks on companies worldwide increased by 48 percent from 2013 to 2014 as roughly 42.8 million data security breaches cost firms hundreds to potentially millions of dollars (according to this recent study). With cybercrime against organizations flourishing, researchers and senior executives from business and government agencies will engage in a daylong Forum on Financial Information Systems and Cybersecurity: A Public Policy Perspective on Jan. 13, 2016, in Van Munching Hall at the University of Maryland.
Congratulations to David Maimon, associate director of C-BERC and Associate Professor in the Department of Criminology and Criminal Justice, on winning the 2015 Young Scholars Award from the White-Collar Crime Research Consortium of the National White-Collar Crime Center.
The Center for the Study of Business Ethics, Regulation, and Crime (C-BERC) received a grant from the National Institute of Justice (NIJ) for their work on Board Diversity, Corporate Malfeasance and Legal Sanctions.
Dr. David Maimon, assistant professor in the department of Criminology and Criminal Justice at the University of Maryland, has joined Center for the Study of Business Ethics, Regulation, & Crime (CBERC) as an associate director. He will share in the decision-making of the center and shape the direction of C-BERC as the center develops and matures.
Cybersecurity analytics was the theme of the Fifth Annual Business Analytics Workshop, held in College Park, Md., on Monday, May 18, 2015. Co-sponsored by the University of Maryland’s Robert H. Smith School of Business and IBM, the day-long workshop consisted of topics ranging from calculating cybersecurity investments to applying machine learning to cyber defense. The workshop provided ample time for questions from the audience and speakers delivered real-time solutions to some of the attendees.