Hubris can cause firms to behave unethically
- Eugene Sadler-Smith
- Nov 21, 2019
- 1 min read
New research from the Australian National University (ANU) has found overconfidence, driven by outstanding performance, is the decisive factor when companies behave badly. High-performing companies behave unethically because past successes make them arrogant; if they think they can get away with it they'll cut corners to maintain strong performance. Follow this link for a summary; the full article can be found in the Journal of Operations Management.