Here’s what it means when a company like Boeing faces criminal charges | CNN Business

New York CNN  — 

Criminal charges against a corporation, like the ones the Justice Department is considering bringing against Boeing, would be a serious blow, worsening the company’s already precarious financial situation and further damaging its battered reputation. But it wouldn’t necessarily result in past or current executives facing prison time.

While criminal charges against corporations are fairly common, the overwhelming majority are against small, closely-held companies. They aren’t brought nearly as often against publicly-traded companies, let alone those in the Dow Jones Industrial Average’s index of the nation’s 30 most important companies.

And despite the

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