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Cover image for book Ending the Management Illusion: How to Drive Business Results Using the Principles of Behavioral Finance

Ending the Management Illusion: How to Drive Business Results Using the Principles of Behavioral Finance

By:Hersh Shefrin
Publisher:McGraw-Hill Professional
Print ISBN:9780071494731
eText ISBN:9780071641432
Edition:1
Copyright:2008
Format:Reflowable

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The bestselling author of Beyond Greed and Fear puts behavioral concepts into corporate practice Psychologically smart companies manage both the pluses and minuses of human psychology through well-structured systems and processes. In Ending the Management Illusion, behavioral finance pioneer Hersh Shefrin addresses the biases that can take you or your organization off course and shows how to run psychologically smart businesses-specifically as it affects your bottom line. Shefrin explores the psychological barriers you experience, and delivers concrete debiasing techniques for breaking through these barriers. This allows you to integrate your processes for accounting, planning, incentives, and information sharing-the main elements for optimizing corporate value.

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