Corporate Psychopathy Essay Example | Topics and Well Written Essays - 1000 words

Corporate Psychopathy - Essay Example This study outlines that the corporate governance is in dire need of regulation if the rights of the citizenry, as well as the integrity of the state are to be maintained. This is particularly important due to the fact that psychopaths have a tendency to taint nearly all the circles that they come into when establishing a contact. This implies that psychopaths can taint the state too, which is charged with the responsibility of establishing the extent of ethical and legal limits of the corporate behavior. This contamination of the state may occur in myriad ways. The intense corporate lobbying, in addition to the financial donations that corporates tend to extend to the state among other spheres of social influence, they may sometimes influence those in charge of making and overseeing the implementation of the law. To fully understand the link that likens corporate governance to a psychopath, Ullman provides diagnostic criteria for the same. To begin with, he points out that just like a psychopath; corporates tend to fail to conform to the set social norms and regulations that pertain to the practicing lawful behavior. This is commonly indicated by their repeated acts that pose clear grounds of arrest. This is mainly manifested through the ability of corrupt corporations to find their ways into powerful and key areas of the state using ways that go beyond the social norms. Some of these ways include seeking loopholes in the law to establish their claims, stock shares manipulation and offer favours to influential politicians, in addition to practicing illegal accounting practices to endear themselves to more shareholders. Even amidst these malpractices, when caught by the law, the shareholders and the junior employees, usually become the main victims of the corporations’ acts since they lose their shares and jobs respectively when the corporations are deemed bankrupt and inoperable. This paper highlights that subsequently, Ullman further elaborates that co rporations also resemble psychopaths through the nature of their deceit in quenching their personal pleasures and perceived profits. This may be indicated by their repeated pure lie and the use of aliases when advertising themselves to new audiences. Based on the set societal norms, lying, whether deliberately or inadvertently, may be regarded as an instrument that psychopaths use to establish a foothold with their victims. In most cases, the lies are usually decorated with cunny words and wit, with most corrupt corporations capable of maneuvering government or other third party agencies in the pursuit of their goals. Similarly, psychopathic tendencies in the corporate world may be manifested through the corporates’ lack of remorse, normally manifested by rationalising their acts that might have hurt another party.