Encyclopedia of Business and Professional Ethics

Living Edition
| Editors: Deborah C Poff, Alex C. Michalos

Corporate Psychopathy

  • Clive R. BoddyEmail author
Living reference work entry

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DOI: https://doi.org/10.1007/978-3-319-23514-1_1-2

Synonyms

Definition

Corporate psychopathy is the condition whereby a corporation acts in a ruthless, uncaring, self-interested, conscience-free manner with respect to its employees, other people, and to the wider society in which it operates. Corporate psychopathy is marked by a callous lack of care or concern for the feelings of others, an incapacity to maintain enduring relationships, a reckless disregard for others’ safety, an incapacity to experience guilt and well as deceitfulness, and repeated lying and conning others for profit together with a failure to conform to social norms with respect to lawful behavior (Bakan 2004; Achbar 2003). The psychopathic corporation acts irresponsibly, harms the environment, damages employees, and places customers and society at risk in its attempts to fulfill its goals of profit maximization. It accepts no responsibility for its actions and has no regrets or empathy.

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References

  1. Achbar M (2003) The corporation. Tv OntarioGoogle Scholar
  2. Bakan J (2004) The corporation: the pathological pursuit of profit and power. New York Free Press, New YorkGoogle Scholar
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  6. Lee IB (2005) In there a cure for corporate “psychopathy”? Am Bus Law J 42(1–6):65–90CrossRefGoogle Scholar

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Tasmanian School of Business and EconomicsUniversity of TasmaniaHobartAustralia

Section editors and affiliations

  • Clive R. Boddy
    • 1
  1. 1.Tasmanian School of Business and EconomicsUniversity of TasmaniaHobartAustralia