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Deconstructing the corporate psychopath: an examination of deceptive behavior

Author

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  • Corey Allen Shank

Abstract

Purpose - The purpose of this paper is to examine whether business students deceive others more often than non-business students. Design/methodology/approach - A cheap talk experiment and an ethics questionnaire are employed to examine the subject’s behavior. Fundamental differences, such as psychopathic personality, are used to examine their role in deceptive and unethical behavior. Findings - The results show that business students deceive others for personal gain more often than non-business students when there is the most to gain; however, business students find deception committed by others as unethical. Business students exhibit more psychopathic tendencies compared to non-business students, including being more likely to fit the prototypical psychopath profile. This fundamental difference in psychopathy can help explain why individuals deceive others and behave unethically. Practical implications - These results have important implications for the business industry and the design of policies. Originality/value - Thus, this study endeavors to advance the literature on fundamental distinctions between those who work in high levels of organizations and how this fundamental difference impacts decision making.

Suggested Citation

  • Corey Allen Shank, 2018. "Deconstructing the corporate psychopath: an examination of deceptive behavior," Review of Behavioral Finance, Emerald Group Publishing Limited, vol. 10(2), pages 163-182, June.
  • Handle: RePEc:eme:rbfpps:rbf-03-2017-0028
    DOI: 10.1108/RBF-03-2017-0028
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    Citations

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    Cited by:

    1. John R. Nofsinger & Corey A. Shank, 2019. "DEEP sleep: The impact of sleep on financial risk taking," Review of Financial Economics, John Wiley & Sons, vol. 37(1), pages 92-105, January.

    More about this item

    Keywords

    Psychopathy; Business; Ethics; Deception; Corporate psychopath; A13; C91; D03;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles

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