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  • Article

Financial Shame Spirals: How Shame Intensifies Financial Hardship

By: Joe J. Gladstone, Jon M. Jachimowicz, Adam Eric Greenberg and Adam D. Galinsky
Financial hardship is an established source of shame. This research explores whether shame is also a driver and exacerbator of financial hardship. Six experimental, archival, and correlational studies (N = 9,110)—including data from customer bank account histories and... View Details
Keywords: Financial Hardship; Financial Decision-making; Shame; Guilt; Personal Finance; Financial Condition; Decision Making; Emotions
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  • Mar 2008
  • Conference Presentation

Shamed and Able: How Firms Respond to Information Disclosure

By: Michael W. Toffel
Keywords: Corporate Disclosure; Information
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  • 29 Feb 2008
  • Conference Presentation

Shamed and Able: How Firms Respond to Information Disclosure

By: Michael W. Toffel
Keywords: Corporate Disclosure; Information
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  • 27 Sep 2007
  • Conference Presentation

Shamed and Able: How Firms Respond to Information Disclosure

By: Michael W. Toffel
Keywords: Information; Corporate Disclosure
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  • 10 Jan 2018
  • Research & Ideas

Working for a Shamed Company Can Hurt Your Future Compensation

iPhoto In the blink of an instant, a corporate brand can turn from sterling to tarnished. Just ask Volkswagen or Wells Fargo—two prestigious names that have become associated with scandal in recent years, and now become synonymous with shady corporate practices. What... View Details
Keywords: by Michael Blanding; Financial Services
  • March 2020
  • Article

Governance Through Shame and Aspiration: Index Creation and Corporate Behavior

By: Akash Chattopadhyay, Matthew D. Shaffer and Charles C.Y. Wang
After decades of deprioritizing shareholders' economic interests and low corporate profitability, Japan introduced the JPX-Nikkei400 in 2014. The index highlighted the country's "best-run" companies by annually selecting the 400 most profitable of its large and liquid... View Details
Keywords: JPX-Nikkei 400 Index; Status Incentives; Return On Equity; Capital Efficiency; Social Norms; Index Inclusion; Reputation Incentives; Motivation and Incentives; Corporate Governance; Behavior; Investment Return; Status and Position; Japan
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  • 2005
  • Chapter

Memories of Mau Mau in Kenya: Public Crises and Private Shame

By: Caroline M. Elkins and John Lonsdale
Related
  • August 22, 2017
  • Blog Post

Governance through Shame and Aspiration: Index Creation and Corporate Behavior in Japan

By: Charles CY Wang
Related
  • 07 Aug 2017
  • Working Paper Summaries

Governance Through Shame and Aspiration: Index Creation and Corporate Behavior in Japan

Keywords: by Akash Chattopadhyay, Matthew D. Shaffer, and Charles C.Y. Wang; Financial Services
  • Column

What Will U.S. Health Care Look Like After the Pandemic?

By: Robert S. Huckman
The pandemic crisis is almost certain to change many American industries. It would be a shame if health care is not one of them. A number of major practices have been altered to help the country cope with the extraordinary demands that the pandemic has imposed on the... View Details
Keywords: Health Pandemics; Health Care and Treatment; Change; Health Industry; United States
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  • 2023
  • Book

Right Kind of Wrong: The Science of Failing Well

By: Amy Edmondson
A revolutionary guide that will transform your relationship with failure, from the pioneering researcher of psychological safety and award-winning Harvard Business School professor Amy Edmondson.

We used to think of failure as the opposite of success. Now,... View Details
Keywords: Failure; Success
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  • February 2004
  • Case

Note on Human Behavior: Reason and Emotion

By: Nitin Nohria and Bridget Gurtler
Human beings are driven by reasons and emotions. On the one hand, as rational choice theorists assert, human beings are resourceful and evaluative as they strive to maximize their own interests. An individual's interests can converge or diverge from the interests of... View Details
Keywords: Behavior; Cognition and Thinking; Emotions; Interests; Organizations; Organizational Design; Governing Rules, Regulations, and Reforms
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  • September 2012
  • Article

Vicarious Dishonesty: When Psychological Closeness Creates Distance from One's Moral Compass

By: F. Gino and A. Galinsky
In four studies employing multiple manipulations of psychological closeness, we found that feeling connected to another individual who engages in selfish or dishonest behavior leads people to vicariously justify the actions of this individual and to behave more... View Details
Keywords: Behavior; Relationships; Ethics; Research
Related
  • 24 Sep 2009
  • Working Paper Summaries

“I read Playboy for the articles”: Justifying and Rationalizing Questionable Preferences

Keywords: by Zoë Chance & Michael I. Norton
  • 08 Aug 2017
  • First Look

First Look at Research and Ideas, August 8, 2017

using money to buy time can protect people from the detrimental effects of time pressure on life satisfaction. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52953 Governance Through Shame and Aspiration: Index Creation... View Details
Keywords: Sean Silverthorne
  • 05 Sep 2023
  • Book

Thriving After Failing: How to Turn Your Setbacks Into Triumphs

missing our goals—sometimes due to our own shortcomings and sometimes due to factors outside our control. Either way, the only good option is to learn as much as possible from mistakes and failures alike.” Fortunately, Edmondson didn’t give in to those feelings of... View Details
Keywords: by Michael Blanding
  • 18 Jun 2020
  • Research & Ideas

What Is an "Essential" Purchase for a Low-Income Family?

refugees were shamed on social media after being photographed with smartphones, and federal agencies have reprimanded how lower-income individuals spend relief funds after natural disasters. Even groceries aren't safe, Hagerty and Barasz... View Details
Keywords: by Rachel Layne
  • 05 Dec 2022
  • Research & Ideas

5 Companies Where Employees Move Up the Ladder Fast

Mutual. The insurer fills more than 80 percent of managerial positions with internal candidates. “This is not a name and shame exercise,” says Fuller. “This is trying to get better information into the hands of more aspiring workers and... View Details
Keywords: by Pamela Reynolds
  • 05 Dec 2018
  • Research & Ideas

Why Managers Should Reveal Their Failures

we shouldn’t underestimate how important it is to be seen as humble, grounded, and well-liked.” Related Reading: How to Demotivate Your Best Employees The Power of Ordinary Practices Working for a Shamed Company Can Hurt Your Future... View Details
Keywords: by Dina Gerdeman
  • 07 Jul 2011
  • What Do You Think?

So We Adapt. What’s the Downside?

investment, for example)." As C. J. Cullinane put it, "we have to be adaptable and flexible but Too much adaptability can lead to lack of direction " RT said that there is "No shame in revising ideas—publicly and to... View Details
Keywords: by Jim Heskett

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