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Deceit pays dividends: How CEO lies can boost stock ratings and fool even respected financial analysts

  • Written by Steven J. Hyde, Assistant Professor of Management, Boise State University
Deceit pays dividends: How CEO lies can boost stock ratings and fool even respected financial analystsEveryone is vulnerable to the 'truth bias' − even people paid to know better.Stephanie Phillips/E+ via Getty Images

The multibillion-dollar collapse of FTX – the high-profile cryptocurrency exchange whose founder now awaits trial on fraud charges – serves as a stark reminder of the perils of deception in the financial world.

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