The expected billion-dollar fine for BP for its part in the Deepwater Horizon oil rig disaster must help discourage wrongdoing by other corporations in the future, argues Neal Stone.
Much has been written in recent years about the impact of punitive fines on corporations. The wrongdoing of banking and insurance companies both in Europe and the United States has resulted in unprecedented fines.
This content requires a Croner-i subscription.
Existing subscriber? Log in
Contact us to discuss your requirements.
0800 231 5199
Croner-i is the trusted source of expert guidance and time-saving tools.