Corporate Criminal Liability in the Contemporary World
L.L.M., The West Bengal National University of Juridical Sciences, Kolkata
Corporate criminal liability came to the limelight with the enhancing prejudicial impact of the corporations in the society. With the increase in industrial accidents, environmental concerns, financial crimes associated with corporations etc. the need was felt under various jurisdictions to deal with their hazardous consequences. Though most of the jurisdictions had recognized the civil liability of the corporations, the dissent lied in respect of the criminal liability of the same. The judiciary has played a significant role in establishing doctrines for dealing with the criminal liability of the corporations but further steps are paramount for filling the empty space and to strengthen the deterrent effect.