Do Financial Misconduct Experiences Spur White-Collar Crime?

Publikation: KonferencebidragPaperForskningpeer review


We use individual police records on criminal activity to investigate whether personal experiences with financial misconduct spur white-collar crime. Experiences with financial misconduct derives from individuals holding accounts at distressed banks where executives are prosecuted for misconduct. We show that individuals with such experiences are two to three times more likely to be convicted of white-collar crime themselves, compared to similar customers of distressed banks where the financial supervisory authority did not press charges. Our results are driven by the extensive margin: the increase in white-collar crime is caused almost exclusively by customers who had no prior history of criminal activity.
Antal sider61
StatusUdgivet - 2019
Begivenhed2019 Financial Management Association Annual Meeting - Sheraton New Orleans Hotel, New Orleans, USA
Varighed: 23 okt. 201926 okt. 2019


Konference2019 Financial Management Association Annual Meeting
LokationSheraton New Orleans Hotel
ByNew Orleans


  • Financial misconduct
  • Experiences
  • White-collar crime
  • Financial crisis
  • Economics of crime


Andersen, S., Hanspal, T., & Meisner Nielsen, K. (2019). Do Financial Misconduct Experiences Spur White-Collar Crime?. Afhandling præsenteret på 2019 Financial Management Association Annual Meeting, New Orleans, USA.