Why They Do It: Inside the Mind of the White-Collar Criminal
DescriptionRarely does a week go by without a well-known executive being indicted for engaging in a white-collar crime. Perplexed as to what drives successful, wealthy people to risk it all, Harvard Business School professor Eugene Soltes spent seven years in the company of the men behind the largest corporate crimes in history-from the financial fraudsters of Enron, to the embezzlers at Tyco, to the Ponzi schemers Bernie Madoff and Allen Stanford. Soltes refutes popular explanations of why seemingly successful executives engage in crime. White-collar criminals, he shows, are not merely driven by excessive greed or hubris, nor do they usually carefully calculate the costs and benefits before breaking the law. Instead, he shows that most of these executives make decisions the way we all do-on the basis of their intuitions and gut feelings. Based on extensive interaction with nearly fifty former executives, Soltes provides insights into why some saw the immediate effects of misconduct as positive, why executives often don't feel the emotions most people would expect, and how acceptable norms in the business community can differ from those of the broader society.
October 11, 2016
6.4 X 1.0 X 5.4 inches | 0.5 pounds
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About the Author
Eugene Soltes is the Jakurski Family Associate Professor of Business Administration at Harvard Business School. His research has been cited by the Wall Street Journal, USA Today, and the Financial Times. Eugene received his PhD and MBA from the University Of Chicago Booth School Of Business.
Johnny Heller, a Golden Voice Lifetime Achievement Award Winner, has recorded over 800 audiobooks spanning every genre. He is a four-time Audie Award winner, an AudioFile Best Voice, and the winner of over thirty Earphones Awards. AudioFile magazine named him one of the top fifty voices of the twentieth century.