Overview

Rarely 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.

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9781665146746

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"Eugene Soltes is the Jakurski Family Associate Professor of Business Administration at Harvard Business School. His research focuses on how leaders can lose their way and gray zone managerial practices. His research has been cited by the Wall Street Journal, USA Today, and the Financial Times. Professor Soltes teaches in Harvard Business School's executive education programs and is the recipient of the Charles M. Williams Award for Outstanding Teaching. He received his PhD and MBA from the University Of Chicago Booth School Of Business and an AM in statistics, AB in economics from Harvard University. Eugene Soltes is the Jakurski Family Associate Professor of Business Administration at Harvard Business School. His research focuses on how leaders can lose their way and gray zone managerial practices. His research has been cited by the Wall Street Journal, USA Today, and the Financial Times. Professor Soltes teaches in Harvard Business School's executive education programs and is the recipient of the Charles M. Williams Award for Outstanding Teaching. He received his PhD and MBA from the University Of Chicago Booth School Of Business and an AM in statistics, AB in economics from Harvard University. Johnny Heller, winner of numerous Earphones and Audie Awards, was named a ""Golden Voice"" by AudioFile magazine in 2019. He has been a Publishers Weekly Listen-Up Award winner from 2008 through 2013 and he has been named a top voice of 2008 and 2009 and selected as one of the Top 50 Narrators of the Twentieth Century by AudioFile magazine."

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