CapitalAccount's video: Dan Ariely on Our Fraud Provoking Culture and Discounting Disclosure

check us out on Facebook http://www.facebook.com/CapitalAccount Follow us @ http://twitter.com/laurenlyster http://twitter.com/coveringdelta Over the past several decades, companies have shifted their focus from prioritizing long-term growth to maximizing "shareholder value." This approach, not surprisingly, has led to increased attention to short term goals which have not only hurt employees and taxpayers, but are often at odds with a company's long term objectives. We talk to behavioral economist Dan Ariely about the psychology behind increasing shareholder value and how this might be an additional motivation for Wall Street fraud. We also talk to him about whether disclosure is an effective way to deal with conflicts of interest and whether punishment really prevents crime. To watch the complete interview and full show, click here: http://www.youtube.com/watch?v=pyM0nhs4LOY