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Business Culture and Dishonesty in the Banking Industry | Learning Political Economy

See on Scoop.itBounded Rationality and Beyond

Trust in others’ honesty is a key component of the long-term performance of firms, industries, and even whole countries. However, in recent years, numerous scandals involving fraud have undermined confidence in the financial industry. Contemporary commentators have attributed these scandals to the financial sector’s business culture, but no scientific evidence supports this claim. Here we…

See on learningpoliticaleconomy.wordpress.com



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