The Corporate Psychopaths Theory of the Global Financial Crisis

Clive Boddy

Chapter 14 in Corporate Psychopaths, 2011, pp 163-166 from Palgrave Macmillan

Abstract: Abstract Professor Robert Hare has said that if he didn’t look for psychopaths to study in prisons he would look for them in stock exchanges. Recent newspaper headlines such as ‘Wall Street Shows No Remorse’ and concerning financial scams on a huge scale do nothing to suggest that his viewpoint is incorrect. Hare has repeatedly drawn attention to the possible damage that Corporate Psychopaths could cause in major organisations and financial institutions (Hare 1999a). Some of this damage has been illuminated by the research presented in this book; other damage is merely hypothesised about at the moment, as discussed below.

Keywords: Corporate Social Responsibility; Global Financial Crisis; Dire Consequence; Political Skill; Senior Position (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1057/9780230307551_14

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