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Just Thinking About Money Can Corrupt You? - Business - Nairaland

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Just Thinking About Money Can Corrupt You? by frodobee: 10:49am On Jun 18, 2013
Simply thinking about money can trigger people to lie, steal and make unethical decisions, new research shows.

People who have just seen images of money or phrases about money are more likely to do something unethical like steal paper from their office because they ran out of paper at home. They're more apt to hire a candidate who says he will share confidential insider information about his former company. And if it means winning money, they're more likely to lie to get it.

These results come from four studies conducted by researchers at Harvard University and University of Utah. There were 324 participants overall, and to get a group of the participants to subconsciously think about money, researchers showed them images of currency or asked them to unscramble words to form money-related phrases.

"Across all of these studies we found that participants who were merely exposed to the concept of money were more likely to demonstrate unethical intentions, decisions, and behavior than participants in a control condition," said Kristin Smith-Crowe, one of the study's authors and an associate professor at the University of Utah's David Eccles School of Business.

Why? Because the exposure to money puts participants in a business mind frame -- leading them to make business decisions based on monetary benefits and big payoffs instead of morals, the study found.

When it comes to real world implications, the findings indicate that everyday exposure to money may be influencing peoples' actions and decisions more than we think.

"These findings suggest that money is a more insidious corrupting factor than previously appreciated, as mere, subtle exposure to money can be a corrupting influence," the study concludes.

Re: Just Thinking About Money Can Corrupt You? by frodobee: 9:56pm On Jun 18, 2013
free2ryhme: all i see is dollars, wall street, credit cards, ministers reading out billions in budgetary allocations and still complaining that their ministry is underfunded, cash sprayed at parties etc ...
Wonder why some NLer's throw blatant lies at your face regularly here on NL( you know the guys am talking about)? Or why politicians lie alot after reading billions in budgetary allocations?
Re: Just Thinking About Money Can Corrupt You? by frodobee: 4:20pm On Jun 22, 2013
oyb: when the lies and deceit are evident at the top, should we be surprised at the deceit of the underlings?
The study believes that constant money thinking influences thought process negatively. For instance, if as a shoe-less boy, i kept thinking of and/or envies the rich and their shoes, if am giving opporturnity of superintending money, i am likely to make unethical decisions based on my constant money induced thoughts.

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