Name: What really motivates people to be honest in business
Uploaded: 2017-09-12T19:53:08Z
Duration: 13 min 18 s
Description: Each year, one in seven large corporations commits fraud. Why? To find out, Alexander Wagner takes us inside the economics, ethics and psychology of doing the right thing. Join him for an introspective journey down the slippery slopes of deception as he helps us understand why people behave the way they do.

Each year, one in seven large corporations commits fraud. Why? To find out, Alexander Wagner takes us inside the economics, ethics and psychology of doing the right thing. Join him for an introspective journey down the slippery slopes of deception as he helps us understand why people behave the way they do.

What really motivates people to be honest in business

One in seven large corporations commits fraud each year, costing society around 380 billion dollars annually. Yet most people still resist the temptation to cheat, even when nobody is watching and dishonesty brings an immediate reward. Research shows that many individuals hold 'protected values'—core principles they refuse to betray, even at a financial cost. Building organizations around people with these intrinsic motivations can prevent costly scandals and foster true trust.