Unmasking Financial Psychopaths Inside the Minds of Investors in the Twenty-First Century /

• Main Author: Gregory, Deborah W. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: New York : Palgrave Macmillan US : Imprint: Palgrave Macmillan, 2014.
• Subjects: Investment banking.; Securities.; Behavioral economics.; Personality.; Social psychology.; Forensic psychology.; Economics.; Behavioral/Experimental Economics.; Personality and Social Psychology.; Forensic Psychology.; Investments and Securities.
• Online Access: View fulltext via EzAccess

 As financial markets expand globally in response to economic and technological developments of the twenty-first century, our understanding and expectations of the people involved in these markets also change. Unmasking Financial Psychopaths suggests that an increasing number of financiers labeled "financial psychopaths" are not truly psychopathic, but instead are by-products of a rapidly changing personal and professional environment. Advances have been made in identifying psychopaths outside of situations accompanied by physical violence, yet it is still difficult to differentiate psychopaths in cultural settings that have adopted psychopathic behavioral tendencies as the norm. Within the investment sector, a fundamental transformation has occurred: the type of person employed by financial firms and the environment within which finance is conducted have both changed. Society's expectation of financiers adapted to these subtle, behind-the-scenes shifts, resulting the public at large perceiving more individuals in the financial sector as acting in a psychopathic manner. Being able to distinguish the truly psychopathic financier from individuals who conform to behavioral expectations is the first step towards a cultural shift away from accepted psychopathic behaviors in the financial sector.