IDEAS home Printed from https://ideas.repec.org/a/kap/jbuset/v102y2011i2p255-259.html
   My bibliography  Save this article

The Corporate Psychopaths Theory of the Global Financial Crisis

Author

Listed:
  • Clive Boddy

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.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Clive Boddy, 2011. "The Corporate Psychopaths Theory of the Global Financial Crisis," Journal of Business Ethics, Springer, vol. 102(2), pages 255-259, August.
    • Handle: RePEc:kap:jbuset:v:102:y:2011:i:2:p:255-259
    DOI: 10.1007/s10551-011-0810-4
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10551-011-0810-4
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10551-011-0810-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Clive Boddy & Richard Ladyshewsky & Peter Galvin, 2010. "The Influence of Corporate Psychopaths on Corporate Social Responsibility and Organizational Commitment to Employees," Journal of Business Ethics, Springer, vol. 97(1), pages 1-19, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zabihollah Rezaee & Ling Tuo, 2019. "Are the Quantity and Quality of Sustainability Disclosures Associated with the Innate and Discretionary Earnings Quality?," Journal of Business Ethics, Springer, vol. 155(3), pages 763-786, March.
    2. Brownell, Katrina M. & McMullen, Jeffery S. & O'Boyle, Ernest H., 2021. "Fatal attraction: A systematic review and research agenda of the dark triad in entrepreneurship," Journal of Business Venturing, Elsevier, vol. 36(3).
    3. Katrina M. Brownell & Audra Quinn & Mark T. Bolinger, 2024. "The Triad Divided: A Curvilinear Mediation Model Linking Founder Machiavellianism, Narcissism, and Psychopathy to New Venture Performance," Entrepreneurship Theory and Practice, , vol. 48(1), pages 310-348, January.
    4. Yi-Ting Lin & Nien-Chi Liu, 2019. "Corporate Citizenship and Employee Outcomes: Does a High-Commitment Work System Matter?," Journal of Business Ethics, Springer, vol. 156(4), pages 1079-1097, June.
    5. Jongseok Cha & Young Chang & Tae-Yeol Kim, 2014. "Person–Organization Fit on Prosocial Identity: Implications on Employee Outcomes," Journal of Business Ethics, Springer, vol. 123(1), pages 57-69, August.
    6. Jae Kyu Myung & Yoon Hyuk Choi & Jong Dae Kim, 2017. "Effects of CEOs’ Negative Traits on Corporate Social Responsibility," Sustainability, MDPI, vol. 9(4), pages 1-21, April.
    7. Clive Boddy, 2011. "Corporate Psychopaths, Bullying and Unfair Supervision in the Workplace," Journal of Business Ethics, Springer, vol. 100(3), pages 367-379, May.
    8. D. Lowe & Philip Reckers, 2012. "An Examination of the Contribution of Dispositional Affect on Ethical Lapses," Journal of Business Ethics, Springer, vol. 111(2), pages 179-193, December.
    9. Dan Chiaburu & Gonzalo Muñoz & Richard Gardner, 2013. "How to Spot a Careerist Early On: Psychopathy and Exchange Ideology as Predictors of Careerism," Journal of Business Ethics, Springer, vol. 118(3), pages 473-486, December.
    10. Iyer, Govind & Reckers, Philip, 2017. "Leader-follower dynamics in ethical lapses in tax practice," Advances in accounting, Elsevier, vol. 36(C), pages 1-10.
    11. Qinghua Fu & Wafa Ghardallou & Ubaldo Comite & Irfan Siddique & Heesup Han & Juan Manuel Arjona-Fuentes & Antonio Ariza-Montes, 2022. "The Role of CSR in Promoting Energy-Specific Pro-Environmental Behavior among Hotel Employees," Sustainability, MDPI, vol. 14(11), pages 1-19, May.
    12. Jae Kyu Myung & Yun Hyeok Choi, 2017. "The influences of leaders’ dark triad trait on their perception of CSR," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 2(1), pages 7-21, September.
    13. Beate Cesinger & Katherine Gundolf & Mathew Hughes & Anis Khedhaouria & Francesco Montani, 2023. "The bright and dark sides of the Dark Triad traits among senior managers: effects on organizational commitment," Review of Managerial Science, Springer, vol. 17(5), pages 1731-1763, July.
    14. Daniel N. Jones & Robert D. Hare, 2016. "The Mismeasure of Psychopathy: A Commentary on Boddy’s PM-MRV," Journal of Business Ethics, Springer, vol. 138(3), pages 579-588, October.
    15. Volker Lingnau & Florian Fuchs & Till E. Dehne-Niemann, 2017. "The influence of psychopathic traits on the acceptance of white-collar crime: do corporate psychopaths cook the books and misuse the news?," Journal of Business Economics, Springer, vol. 87(9), pages 1193-1227, December.
    16. Lin, Yi-Ting & Liu, Nien-Chi & Lin, Ji-Wei, 2022. "Firms’ adoption of CSR initiatives and employees’ organizational commitment: Organizational CSR climate and employees’ CSR-induced attributions as mediators," Journal of Business Research, Elsevier, vol. 140(C), pages 626-637.
    17. Tudosoiu Alexandru & Ghinea Valentina Mihaela & Cantaragiu Ramona Elena, 2019. "HR specialists’ perceptions of the desirability of psychopathic traits in job candidates," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 728-739, May.
    18. Bryan Neo & Martin Sellbom & Sarah F. Smith & Scott O. Lilienfeld, 2018. "Of Boldness and Badness: Insights into Workplace Malfeasance from a Triarchic Psychopathy Model Perspective," Journal of Business Ethics, Springer, vol. 149(1), pages 187-205, April.
    19. Svetlana Holt & Joan Marques, 2012. "Empathy in Leadership: Appropriate or Misplaced? An Empirical Study on a Topic that is Asking for Attention," Journal of Business Ethics, Springer, vol. 105(1), pages 95-105, January.
    20. Sean Valentine & Gary Fleischman & Lynn Godkin, 2018. "Villains, Victims, and Verisimilitudes: An Exploratory Study of Unethical Corporate Values, Bullying Experiences, Psychopathy, and Selling Professionals’ Ethical Reasoning," Journal of Business Ethics, Springer, vol. 148(1), pages 135-154, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jbuset:v:102:y:2011:i:2:p:255-259. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.