问题描述：
求帮忙翻译这段文字,谢谢,不要google直接翻译的那种.
The most critical issue in corporate governance and Canadian capital marketstoday is that the law is too lenient on corporate crime. In the case of corporate crime thelaw should not necessarily be a deterrent but should encourage compliance. It might notbe the same as violent crimes as harsher sentences are sometimes thought to deter violentcrime but to reduce the incidence of corporate crime the penalty should be monetarilyharsh. The law is too lenient on corporate crime as due to the inherent nature of thecrime, it is viewed by society as less harmful. The case of Westray is an example of thelaw not adequately handling the proper punishment for misconduct. “Many people takefor granted the integrity of the financial system. Sometimes I was told that capitalmarkets fraud is not the same as other crimes. This is wrong. Fraud is not a victimlesscrime. Confidence in the integrity of capital markets translates into real benefits for oureconomy and for individual Canadians.”1 The law in Canada should be changed in orderto increase enforcement and compliance in order to reduce corporate crime.
The problem of corporate crime is caused by: 1) lack of strong legislation, 2)inefficient enforcement, and 3) weak sentencing/ penalties. Without strong legislation the other two factors suffer as a result. Even strong enforcement of weak legislation wouldnot solve the problem. Corporate crime is pervasive and hard to describe. “Economic crime, by the very disparate nature of its component activities, is incapable of simpledefinition.”2 Due to the complex nature of many corporate crimes the amount ofresources that goes into enforcement needs to be efficient and streamlined. The currentstructure of numerous commissions and other bodies (self regulating organizations('SROs'), etc.) enforcing the same or similar provisions and laws needs to be revamped.The overall system needs to be revitalized so that potential criminals are given lessopportunity to evade the rules and laws and less ability to do so without facingconsequences. The current system is stagnant and does not seem to discourage crime, asthe punishment sanctioned usually does not outweigh the potential benefits if the criminalsucceeds. While this is true of non-corporate crimes as well the effect is more potent inthe corporate realm. This is due to the overarching effects that can be caused by criminalsin the corporate sphere, which is usually missing in the non-corporate criminal realm.
The most critical issue in corporate governance and Canadian capital marketstoday is that the law is too lenient on corporate crime. In the case of corporate crime thelaw should not necessarily be a deterrent but should encourage compliance. It might notbe the same as violent crimes as harsher sentences are sometimes thought to deter violentcrime but to reduce the incidence of corporate crime the penalty should be monetarilyharsh. The law is too lenient on corporate crime as due to the inherent nature of thecrime, it is viewed by society as less harmful. The case of Westray is an example of thelaw not adequately handling the proper punishment for misconduct. “Many people takefor granted the integrity of the financial system. Sometimes I was told that capitalmarkets fraud is not the same as other crimes. This is wrong. Fraud is not a victimlesscrime. Confidence in the integrity of capital markets translates into real benefits for oureconomy and for individual Canadians.”1 The law in Canada should be changed in orderto increase enforcement and compliance in order to reduce corporate crime.
The problem of corporate crime is caused by: 1) lack of strong legislation, 2)inefficient enforcement, and 3) weak sentencing/ penalties. Without strong legislation the other two factors suffer as a result. Even strong enforcement of weak legislation wouldnot solve the problem. Corporate crime is pervasive and hard to describe. “Economic crime, by the very disparate nature of its component activities, is incapable of simpledefinition.”2 Due to the complex nature of many corporate crimes the amount ofresources that goes into enforcement needs to be efficient and streamlined. The currentstructure of numerous commissions and other bodies (self regulating organizations('SROs'), etc.) enforcing the same or similar provisions and laws needs to be revamped.The overall system needs to be revitalized so that potential criminals are given lessopportunity to evade the rules and laws and less ability to do so without facingconsequences. The current system is stagnant and does not seem to discourage crime, asthe punishment sanctioned usually does not outweigh the potential benefits if the criminalsucceeds. While this is true of non-corporate crimes as well the effect is more potent inthe corporate realm. This is due to the overarching effects that can be caused by criminalsin the corporate sphere, which is usually missing in the non-corporate criminal realm.
问题解答：
我来补答展开全文阅读