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April 27, 2017

Archives:

14 Year Old Child Bride Facing Death Penalty for Murdering Husband -

Saturday, November 29, 2014

BREAKING: New Coal Disaster In West Virginia -

Tuesday, February 11, 2014

U.S. Hostage Freed by Colombia’s FARC Rebels (Video) -

Monday, October 28, 2013

Here’s Why The Zimmerman Verdict Matters -

Sunday, July 14, 2013

BREAKING! UK Government Spied On Allies At TWO G20 Summits (Video) -

Sunday, June 16, 2013

Swiss Support Tougher Asylum Legislation as Refugee Numbers Spike -

Monday, June 10, 2013

American Woman Killed in Syria Fighting for Terrorists, Syrian TV Claims (Video) -

Friday, May 31, 2013

CO2 in the Air Reached its Highest Level in Human History -

Friday, May 10, 2013

Terms of the New Abortion Bill Agreed by Irish Cabinet -

Wednesday, May 1, 2013

Boston In Lockdown As Manhunt Intensifies -

Friday, April 19, 2013

2 Dead, Dozens Injured After Boston Marathon Bombing -

Monday, April 15, 2013

Fast Food Workers in New York Stage Surprise Strike -

Saturday, April 6, 2013

N. Korean Rhetoric Provokes Missile Shield Deployment -

Wednesday, April 3, 2013

Eyewitness Accounts from Meiktila Massacre -

Wednesday, April 3, 2013

Sudan to Free All Political Prisoners -

Monday, April 1, 2013

A New Free Press In Burma Juxtaposed With Genocide: The World Will Be Watching -

Friday, March 29, 2013

Pressure Builds to End Ethnic Violence in Myanmar -

Friday, March 29, 2013

Activists Demand Action As Further Genocide Looms -

Tuesday, March 26, 2013

Cyprus Reaches Last-Minute Bailout Deal With EU -

Monday, March 25, 2013

Myanmar Muslims Brace for Possible Genocide -

Sunday, March 24, 2013

Corporate Psychopaths, Global Financial Crises, not so implausible

A nascent British Marketing Professor Clive Boddy has been studying the effects of Corporate Psychopaths over the past five years. In November of 2011 he has publicized his findings in his book “Corporate Psychopaths: Organizational Destroyers.”

His book presents empirical research that corporate psychopaths can destroy companies, entire industries, even cause global financial crisis.

He says people who are categorized as psychopaths, which are approximately 1% of the population, have no conscience or empathy and do not care for anyone other than themselves.

And when they advance to executive levels in large corporations it is a disaster waiting to happen.

He asserts that capitalism lost some of its credibility when the large corporations are destroyed by the actions of the corporate psychopaths.

Boddy also argues in a recent issue of the Journal of Business Ethics that corporate financial scandals have assumed epidemic proportions and corporate psychopaths are essentially responsible for the recent Wall Street based financial crises.

He points out that these people are “extraordinarily cold, much more calculating and ruthless towards others than most people are and therefore a menace to the companies they work for and to society.”

He asserts that dynamic and fast paced environment of Financial Industries such as Wall Street are breeding grounds for these psychopaths as they can make their way to executive levels without being exposed.

He emphasizes the role of dark and dysfunctional leaders. “They do whatever it takes to win contracts, take credit for other’s work, over-promise to clients, and use corporate resources for their own ends. They are predators who prey on the easiest source of sustenance and parasitically destroy organizations from within (Babiak and Hare 2006).”

He refers to Robert Hare’s research about the causations of this personality disorder as Hare, the leading research psychologist in this area, states that it is not definitively known that whether this syndrome stems from physical, biological or environmental factors.

He does not mention the role of capitalism in his book as a possible environmental factor but considering the cutthroat nature of competition based means of production, the requirement of continual economic growth and blatant materialistic inclination of capitalism; he should look into it.

 

Emine Dilek (194 Posts)

Publisher/Managing Editor: Progressive Press. Contributing Editor: WVoN-Women's Views on News. Columnist: Palm Beach Woman Magazine. Former executive producer and radio host: WVR -Women's Voice Radio, Human Rights/Peace Activist, Aspiring Author/ Journalist/ Poet/ Blogger. Emine also appears as a revolving guest on PNN radio show -international political analyst-, and had been a guest on Liberal Fix and Brian Hammer Jackson Show. Her articles have been published in various publications such as The Vibe UK, The New Agenda, W.E.A Women @ Work, Amazing Women Rock and ICAHK.


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