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Bullies, thieves and chiefs: the hidden cost of psychopaths at work

Working with or for a psychopath, however, is less fun. The research generally agrees about 1% of the population is psychopathic. This means they fail to develop the normal range of emotions, lack empathy for others and are more disposed to antisocial and uninhibited behaviour. Among prisoners, the percentage with psychopathic traits has been estimated at 15% to 20%. But psychopaths are also disproportionately represented in corporate culture. Among the higher echelons of large organisations, the psychopathy rate is an estimated 3.5%. Some estimates for chief executives go way higher. Only in recent decades has the research on psychopathy started reflecting the enormity of the social and economic cost of non-criminal corporate psychopaths. My research (with Clive Boddy and Brendon Murphy) suggests corporate psychopaths cost the economy billions of dollars not only through fraud and other crimes but through the personal and organisational damage they leave behind as they climb th

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