Recently, the public take notice of corporate lawbreaking because of scandals on Wall Street in past years (Jaboub, 1995) and headline of prosecution to global organizations on the media, for instance, Exxon, Nippon, IBM and Samsung (Corporate Crime Reporter). These corporate criminal activities not only raised remarkable economic losses for stockholders (William et al., 2000) but also eliminated benefits of the public (Jaboub, 1995). Therefore, the researches of corporate crime are argued for many decades in different fields, such as criminology and sociology (McKendall and Wagner, 1997). What this essay attempts to illustrate is to briefly summarize the article stated by William et al. (2000) and examine the main argument within the …show more content…

(2000), standard value of citations shown in Table 2 grabbed reader’s attention for standard value which is larger than the mean value seems arguable from the viewpoint of statistic. The greater standard value is often a result of outlier among the data or fewer samples in survey (Pedhazur, 1997 and O'Connor, 2011). The extreme value may influence the reliability of the mean (Pedhazur, 1997).
Turning to main arguments of this article, it is illustrated that the higher proportion of managerial personnel with MBA education among TMT, the more corporate misbehaviors engaged in larger firm. MBA education seems not the only one factor which affects corporate misconduct (William et al., 2000). The result of this article appeared presumably lack of practical merit as corporate might not stop hiring MBA students who has skills that meet company’s need. As MBA education often required working experience as one of essential requirements in many colleges and universities (The Economist Times), I would hold the view that further analysis could focus on what kind of working experience they acquired before they enroll for MBA.
Some investigations often state the increasing preference of military experience on personnel of higher executives (Wall Street Journal, 1985 cited in William et al., 2000). However, as a result of this article, prior military service enhanced surprisingly the correlation between firm size and corporate criminal