Corporate Crime and Punishment - The Politics of Negotiated Justice in Global Markets

The geopolitics of American law enforcement and how it changed corporate criminal accountability in other countries

Over the past decade, many of the world-s biggest companies have found themselves embroiled in legal disputes over corruption charges, fraud, environmental damage, tax evasion, or sanction violations. Corporations including Volkswagen, BP, and Credit Suisse have paid record-breaking fines. Many critics of globalization and corporate impunity cheer this turn toward accountability. Others, however, question American dominance in legal battles that seem to impose domestic legal norms beyond national boundaries. In this book, Cornelia Woll examines the politics of American corporate criminal law-s extraterritorial reach. As governments abroad seek to respond to US law enforcement actions against their companies, they turn to flexible legal instruments that allow prosecutors to settle a case rather than bring it to court. With her analysis of the international