CORPORATE CRIME IN MYANMAR: LEGAL FRAMEWORK AND IMPLEMENTATION*
Abstract
- Company transactions in Myanmar have been growing since 1989 when the market-oriented economic system was first adopted. As more companies are established, more corporate crimes tend to be committed. A number of such crimes have occurred in Myanmar. This research focuses on corporate crimes leading to corporate manslaughters and corporate homicides like passenger accidents of private transportation services, fatal accidents in the workplace, and unsuccessful treatments in health services and private hospitals. The lack of public awareness of corporate crime and corporate liability results in legal actions against individuals who actually committed the crimes but not the corporations employing them. Injured parties take legal action against the employee only through criminal prosecution, not against the corporations and would request damages only from the employees. Thus, corporations always escape from criminal prosecution and civil liability for their wrongs. This research will explore what kinds of corporate crime generally occur in Myanmar, the basis for corporate criminal liability and how regulatory systems for corporate criminal liability have been developed and implemented in countries such as the UK, the US and Australia. It will also explore legal frameworks of corporate crime especially corporate killing and its implementation process in Myanmar.
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Year
- 2020
Author
-
Myo Thandar Kyaw
Subject
- Economics, Journalism, Tourism and Law
Publisher
- Myanmar Academy of Arts and Science (MAAS)