Hambrick and Ketz to Consult on White-Collar Crime Study Funded by National Institute of Justice
Two Penn State Smeal College of Business faculty members, Donald Hambrick and J. Edward Ketz, will contribute to a College of the Liberal Arts study on white-collar crime. Hambrick, Smeal Chaired Professor of Management, and Ketz, associate professor of accounting, will serve as consultants on the project, which has been granted funding from the National Institute of Justice.
The project, led by principal investigator Darrell Steffensmeier, professor of sociology and criminology, will focus on corporate financial fraud involving securities and accounting practices.
The goal is to produce the most current and comprehensive database to identify risk factors for major white-collar crime. Researchers want to understand factors that often precede corporate financial crime in an attempt to prevent future instances.
Hambrick, who has expertise in strategy formulation and implementation, executive incentives, and composition and processes of top management teams, will serve as a research advisor to consult on the design and reviewing findings.
Ketz, an expert in corporate malfeasance and fraudulent accounting practices as well as a policy expert on corporate ethics and regulatory law, will serve as a policy advisor.