How can you be ‘a well-known secret agent’? Why is ‘the only voting method that isn’t flawed a dictatorship’? How is it that ‘Corruption is universally disapproved of, and yet universally practised’? The world of dilemmas and paradoxes touch our lives on a regular basis.
In The Corruption Conundrum and Other Paradoxes and Dilemmas, V. Raghunathan, the author of the best-seller Games Indians Play, shares the charms of some of the more interesting examples allowing us to delight in the excitement, mystery, confusion, exasperation and that occasional flash of clarity and enlightenment often experienced when the world of paradoxes and dilemmas hits our own.
The book takes the reader through some of the fascinating illustrations, classical and well known as well as the less common examples, in the field of management, finance and work life.
Can two positives make a negative? Sample a charming little paradox discussed in the book—the blackmail paradox. ‘It is perfectly legal if you gossip, reveal or threaten to reveal somebody’s secret (unless of course you are bound by a non-disclosure agreement). It is also perfectly legal to ask that somebody for some money. But if you undertake a combination of the two acts, each perfectly legal by itself, with respect to somebody, well you are a criminal, a blackmailer!’
Following the same easy, readable style of his previous best-seller, Games Indians Play, this new book should make absorbing reading and will certainly make you more curious about the world that surrounds us.
About the Author
V. Raghunathan, is currently Managing Director of GMR Industries Ltd and CEO of GMR Varalakshmi Foundation, the Corporate Social Responsibility arm of the infrastructure major, the GMR Group. He was the President of ING Vysya Bank from 2001 to 2004. From 1982 to 2001, he was a Professor of Finance & Accounting at the Indian Institute of Management, Ahmedabad. He is an Adjunct Professor at the University of Bocconi, Milan, Italy since 1990. He currently lectures on behavioural finance. He has been on the board of various banks, merchant banks, stock exchanges, corporates, and prestigious educational institutions and has been a member of several national level committees of the Ministry of Finance, SEBI, BSE, NSE, Institute of Chartered Accountants of India and many other professional bodies. He was also the Chairman of the MBA Programme and the Chairman of Finance and Accounting Area at IIM, Ahmedabad in the past. He has written nearly 400 academic and popular articles and several books in the field of capital markets and corporate finance. His latest book is Games Indians Play (Penguin, Dec 2006), which has been a best-seller. Raghunathan probably has the largest private collection of ancient locks in the country. He has also been a cartoonist (held a weekly cartoon column in the Financial Express for a while); played chess at All-India level, and sketched competitively in the years gone by. Prabina Rajib, with a PhD in Finance from IIT, Kharagpur, is currently working as Associate Professor (Finance) area at Vinod Gupta School of Management, IIT Kharagpur. Her teaching and research interests are in the areas of Corporate Finance, Security Analysis and Portfolio Management, Indian Capital Market and IT application to financial issues. In the past, she has also worked as a visiting professor at AIT Bangkok, Xavier Institute of Management, Bhubaneswar and also worked as a research staff at Curtin School of Business, Perth, Australia. She is a Fulbright Scholar, 1998-1999 and carried out research work at Purdue University, USA.