Case study 6

For  this  assignment,  read  the  case  study,  “The  1920  Farrow’s  Bank  Failure:  A  Case  of  Managerial  Hubris.”  This  case  is located in the ABI/Inform Complete database found in the CSU Online Library (see reference below). Hollow,  M.  (2014).  The  1920  Farrow\’s  bank  failure:  A  case  of  managerial  hubris?  Journal  of  Management  History,  20(2), 164-178. Regulators  evaluated  Thomas  Farrow  as  being  inflicted  by  managerial  hubris  at  the  time  of  the  bank’s  collapse  in  1920. With this scenario in mind, address the following questions, with thorough explanations and well-supported rationale. 1.  How did  corporate  culture,  leadership,  power,  and  motivation  affect  Thomas’  level  of  managerial  hubris? 2.  Relate  managerial  hubris  to  ethical  decision  making  and  the  overall  impact  on  the  business  environment. 3.  Explain  the  pressures  associated  with  ethical  decision  making  at  Farrow’s  Bank. 4.  Do you think  that  if  Farrow’s  Bank  had  a  truly  ethical  business  culture,  the  level  of  managerial  hubris  would  have been decreased? Could this have affected the final outcome of Farrow’s Bank? Explain your position. Your  response  must  be  a  minimum  of  three  double-spaced  pages.  References  should  include  your  textbook,  the  case study,  and  a  minimum  of  one  additional  credible  reference.  All  sources  used  must  be  referenced;  paraphrased  and  quoted material must have accompanying citations, and be cited per APA guidelines. 

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