What is Corporate Malfeasance?
Also known as corporate crime, corporate malfeasance is the incidence of illegal acts committed by a company or by individuals who utilize the resources of the business in the commission of illegal actions. Crimes of this type may involve intentional acts, a failure to perform duty or duties associated with a position within the corporate hierarchy that trigger a breach of current laws, or include situations where organized crime syndicates operate or in some manner control a corporation.