This article offers an overview of and commentary on the US approach to corporate prosecution and punishment. Though the United States purports to have a vigorous system of corporate criminal law enforcement, one could reasonably ask whether that system actually takes corporate crime seriously....

This short paper proposes abandoning the corporate criminal fine and exclusively punishing criminal corporations by reforming them. Fining corporations is not an effective way to prevent corporate misconduct. Corporate fines cannot reliably deter at the entity level because corporations faced...