Reflections on the private versus public policing of economic crime

This paper examines the role of private agencies in the governance of neo-liberal market economies. Specifically, it documents the growth and evolution of the forensic accounting and corporate investigation (FACI) industry' as a provider of investigative and adjudicative services in cases of ec...

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Bibliographic Details
Published in:The British journal of criminology
Main Author: Williams, James W. (Author)
Format: Electronic/Print Article
Language:English
Published: 2005
In:The British journal of criminology
Year: 2005, Volume: 45, Issue: 3, Pages: 316-339
Online Access: doi
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Availability in Tübingen:Present in Tübingen.
IFK: In: Z 7
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Summary:This paper examines the role of private agencies in the governance of neo-liberal market economies. Specifically, it documents the growth and evolution of the forensic accounting and corporate investigation (FACI) industry' as a provider of investigative and adjudicative services in cases of economic crime, and explores the implications of this growth for the policing division of labour in the financial field. In revealing a relationship between the FACI industry and the police that is characterized more by bifurcation' than blurring', the results of this research challenge the common mantra that contemporary forms of governance are marked by the convergence of public' and private' within multi-nodal networks of risk and security. Herein, the paper charts a novel theoretical course for the analysis of governance within the field of financial relationships and transactions
ISSN:0007-0955
DOI:10.1093/bjc/azh083