Thursday, August 3, 2006
Does initial success breed overconfidence and fraud?
USATODAY.com has an interesting article that looks at fraud throughout the last several decades. A common trait in many of the cases? The company had been doing very well, then competition came along, and pretty soon troubles began. Bright ideas gone bust can lead to corporate fraud: "For type-A executives who have introduced landmark changes to their industries, it's a thin line between
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Behavorial Finance
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