Corporate Psychopaths

In this article I consider the impact that psychopaths had on the financial crisis of 2007-08. I argue that though these malevolent individuals undoubtedly bear a small part of the responsibility that by themselves they do not explain the intensity or length of the global crisis. Psychopaths, it argues have an impact on their immediate circle not on a global scale. David Koresh was dangerous to the people he had some form of direct or mediated contact with not to people who had never even heard his name, and certainly not to the world at large. In other words, though the article recognises that, in the context of the corporate culture the psychopath can have disastrous consequences for the workings of a corporation that can filter down through the organisation. And that his/her pathologies can, as a consequence come to identify the institution as a whole and show how the fluid nature of modern capitalism, particularly finance make these individuals difficult to identify and stop what it also seeks to explain is how a localised problem of corporate management could be linked to a global catastrophe whose impact is still being felt a decade later. It proposes a connection through which large numbers of the global population, particularly poor Americans were seduced into taking out loans they could barely afford dependent on increasing house prices and how the markets and the psychopaths who determined policy were complicit in encouraging this irrational behaviour by borrowers expressing no remorse for their action. However, it also asks if the influence of the corporate psychopath has been overstated somewhat and expresses concern over the liberal use of the term.

International Journal For Multidisciplinary Research, 2023

In the emergence of growing technology and innovation around the world , the growth of businesses and Start-ups are on rise . Globally at present 4.4 million businesses are started every year and there are over 150 million startups in the world. India has emerged as the 3rd largest ecosystem for startups globally with over 1,12,718 DPIIT-recognized startups , As many as 167,076 companies were set up in FY22, a 7.5% increase. The tussle to be on top and make the business profitable and have as much market reach as possible is becoming the sole hunt of companies and startups. Every Growth has its own downfalls and the downfall of it is the emergence of Corporate Psychopaths who hold the capacity to stay in the cover and do and make others do what they want, several researchers have named them as chemo liens that mold things under cover for fulfilling their aim and desires and understanding the legal implications. The research aims to shed light on the growth of corporate psychopath in India with the help of established research classifying characteristics of Corporate Psychopaths .Further to classify and differentiate Sociopaths, Narcissist and Antisocial personalities with corporate psychopaths and the ways to identify them. Understand the relationship of Psychopaths and Corporate Psychopaths . The research further shows the emergence of corporate psychopath by taking few examples of people who have shown the characteristics of being corporate psychopaths in India and abroad threw Doctrinal Research Methodology.

2009

for their help and assistance over the past few years. Thanks are also due to my two other past lecturers at Curtin Graduate School of Business not mentioned above, Alma Whitely and Des Klass. I would also like to thank Jenny Lalor and her data entry team and Ross Taplin at Curtin Business School for their assistance and advice with SPSS and statistical issues respectively. Thanks are also due to my lovely wife, Hsiang-Ju and to my three beautiful daughters; Christine, Cassandra and Katherine, for their loving patience during the period of my study and research. I acknowledge the generous help of the following organisations who have allowed me to distribute questionnaires among their membership and at their meetings.

Overview of corporate psychopathy - definitions, characteristics, causes, consequences, and possible solutions.

This article examines the agency theory unit of analysis, which enjoys wide acceptance among academics and researchers. This theory holds that the agency problem materializes from signing the contract between the Principal and Agent. Here the contract is nothing more than a liturgy, a milestone, which will be bypassed by the parties' true intentions, leaving aside the legal relevance of the contract. In contrast, this article states that the drivers of the misalignment of interests between the two actors lie in the individual's personality influences. Methodologically, the discussion exposes and discusses the etiology of crime through the foundations of the theory of white-collar crime. Then, the biological aspects of personality and its influence on criminal behavior are presented to analyze evil's sources, namely, the corporate psychopath. This proposal's twist is essential for organizations facing managerial leadership dysfunction, corporate crime, and distortions in corporate governance. Its understanding will help improve the barriers to the management of conflict of interest.

International Journal of Human Sciences Research, 2023

In this article, we carry out a theoretical analysis on how the person with characteristics similar to those of Antisocial Personality Disorder (ASPD) has the social skills to thrive in an individualistic and greedy society. We show that the ability to adopt unethical behaviors can be crucial for these people to appear as assertive, capable, and accomplishing professionals. They are not only able to achieve individual results but, above all, to lead teams aimed at achieving the ambitious goals of their organizations. Such individuals are known as functional psychopaths. From a psychological point of view, a large part of the indicators related to functional psychopathy seems to be associated with changes in the regulatory function that emotions play a part in the human decisionmaking process. Functional psychopathy represents a challenge for organizational managers and staff in human resources sections. Furthermore, the evaluation processes, primarily based on organizational results, are not very sensitive to differentiate between (1) lack of empathy and courage; (2) selfishness and zeal; and (3) manipulation and leadership. It can be concluded that only more sophisticated, laborious, and costly processes could be sensitive enough to identify those people and their perverse work strategies during the selective and evaluative processes in the business environment. So, they are all around us, and, given the cultural orientation of companies toward individualism and greed, they are probably here to stay.

Springer eBooks, 2020

The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.

Journal of Organisation & Human Behaviour, 2020

Corporate life in India is getting increasingly lucrative and challenging, at the same time. Over the past couple of decades, in the wake of globalization, the collectivist country has gone through massive changes with respect to the organizational culture. This study aims to research some fresh and newly evolved concepts of personality and organizational psychology and their coherent effects. We conducted a study on 150 Indian corporate employees across various sectors. They filled out a survey, which essentially had two components: the first one denoting how much of corporate psychopathic tendencies do they observe in their immediate supervisors and the latter one gauging what type of psychological contract do they extend towards the organization. Results asserted that employees who rated their supervisors higher on corporate psychopathic tendencies showed significantly higher transactional contract with the organization as opposed to those who rated their managers lower and extended a relational contract. In addition, there was also no difference found with regard to gender in portraying corporate psychopathic tendencies.

Purpose -The purpose of this paper is to investigate job satisfaction and workplace psychopathy. Design/methodology/approach -Job satisfaction has previously been seen as a function of various constructs. The authors take one step back from the literature to re-examine the relationship not just between job satisfaction, workplace conflict, organizational constraints, withdrawal from the workplace and perceived levels of corporate social responsibility, but also between all of these constructs and the presence of corporate psychopaths. Findings -The authors find that there is a direct link between corporate psychopaths and job satisfaction. There are also indirect links through variables such as conflict, since corporate psychopaths influence conflict and other variables. Originality/value -Importantly, the research establishes that psychopathy is the dominant predictor of job satisfaction.

SSRN Electronic Journal, 2000

Meet the SOB-Seductive Operational Bully-or psychopath "lite." SOBs don't usually end up in jail or psychiatric hospital but they do thrive in an organizational setting. SOBs can be found wherever power, status, or money is at stake. Outwardly normal, apparently successful and charming, their inner lack of empathy, shame, guilt, or remorse, has serious interpersonal repercussions, and can destroy organizations. Their great adaptive qualities mean they often reach top executive positions, especially in organizations that appreciate impression management, corporate gamesmanship, risk taking, coolness under pressure, domination, competitiveness, and assertiveness. The ease with which SOBs rise to the top raises the question whether the design of some organizations makes them a natural home for psychopathic individuals. This article begins with an elaborate example of such an individual, and notes the deep divide that distinguishes people without a conscience from the general population. Most studies have resorted to a deficit theory to explain psychopathic behavior-something has gone with the wiring in the emotional part of the brain. Here, however, I suggest that nurture can also play a role in the etiology of psychopathy. The article explores ways of identifying and dealing with SOBs from an organizational and individual perspective, and recommends a clinical orientation to organizational diagnosis and intervention.