Business Conspiracy Theories

This study explored one of the less studied types of conspiracy theories, namely those concerned with business, organisations and industry. In all, 400 participants completed a 60-item questionnaire which covered a number of areas such as dishonest advertising, bribery and corruption. Given the opportunity to respond “don’t know”, a large number (>25%) responded that way to very specific questions. Overall, it seemed that consumers believed drug, oil and tobacco companies were dishonest and devious in their marketing. Also, they believed many manufacturers and advertisers attempted to manipulate and trick customers. Four factors resulted from a number of analyses though correlations and regressions suggested that demographic (age, sex, class) and ideological factors (religious and political beliefs) were not strongly related to business conspiracy theories suggesting consensus. Implications for understanding how conspiracy beliefs relate to product purchase and consumer boycotts are discussed.


Introduction
There has been a massive growth in the interest in conspiracy theories (CTs) since the millennium (Douglas et al., 2016;Furnham & Grover, 2021;Imhoff & Lamberty, 2017;Sutton & Douglas, 2020;Swami et al., 2011;Walter & Drochon, 2020).Just as the theories have themselves multiplied so has research into their causes and consequences (Goreis & Voracek, 2019).Whilst there has been a considerable interest into conspiracy theories about particular issues like climate change (Douglas & Sutton, 2015), and Covid (Haakonsen & Furnham, 2022) it has been possible to classify or categorise theories into particular areas/topics A. Furnham, J. Leka DOI: 10.4236/psych.2023.1490841474 Psychology like aviation, deaths and disappearances, espionage, governments, medicine, science and technology.Most researchers in this area tend to concentrate on CTs about specific topics many in medicine.
Many groups have become very concerned about the spread of CTs as they relate to many issues such as obedience to the law, political activities of one sort or the other, as well as pro-and anti-social behaviour.CTs are now seen as "spreading like wild-fire" because of social media.This study looks at a relatively neglected area, namely commercial or business conspiracy theories: ideas about the manufacturing and marketing of products and services, as well as general business relationships.Business CTs often involve the idea that all sorts of businesses are dishonest about their practices.
The essence of a conspiracy theory is that they are a set of beliefs where the cause of many events is considered to be due to a "secret plot" by multiple, usually evil, people working with an over-arching, selfish and ideological, goal in mind (Sunstein & Vermeule, 2009).CTs usually form part of a monological belief system: that is, people adopt a conspiracist worldview tending to accept or reject all types of conspiracy theories.Belief in conspiracies usually serves a psychological function for people who feel powerless, excluded or disadvantaged, to explain events that are difficult to comprehend (Douglas et al., 2019a(Douglas et al., , 2019b)).
One area that has been relatively neglected concerns business, organisations and industry conspiracy theories.This is perhaps surprising given the amount of publicity about corruption and illegal practices in many businesses around the world (Arli, 2022).Douglas and Leite (2017) defined organizational conspiracy theories as beliefs that powerful people within the workplace act in secret to achieve some kind of malevolent objective, like hiring or firing preferred candidates.It is not difficult to imagine business conspiracy theories involving bad (criminal, immoral, greedy) individuals and organisations telling lies about themselves, their products and processes and exploiting the media to advance their cause.These ideas might include such things as lying in advertising, bribing officials, exploiting labour etc.We have called these business and commercial conspiracy theories (BCCC).
There are some relevant studies in the area of business organisations.For instance, there has been an interest in the way organization do surveillance of their staff (Furnham & Swami, 2019;Kalmas et al., 2022).Furnham and Horne (2022) noted that nearly all researchers attempt to identify particular CTs and then explain who, why and when people believe in them.They tend to take the perspective of the skeptic or cynic rejecting CTs as misguided myths and few, if any, take the perspective of the CT advocates and theorists who claim to be insightful into the many government and "other-inspired and supported" cover-ups which are occurring.
A decade ago, Furnham (2013) demonstrated that many people were cynical and sceptical with regard to advertising tricks, as well as the tactics of organisations like banks and alcohol, drug and tobacco companies.The conspiracy be-Psychology liefs factored into four identifiable clusters, labelled sneakiness, manipulative, change-the-rules and suppression/prevention.He found that people who were less religious, more left-wing, more pessimistic, less (self-defined as) wealthy, less Neurotic and less Open-to-Experience believed there was more commercial conspiracy in general.This study attempts to update that one.
In an important study Lunardo et al. (2023) began by summarizing the limited studies on what they called brand conspiracy theories, related to the concept of brand anthropomorphism.They found only 12 papers published between 1980 and 2022 which related to their idea that essentially brands are "moral agents".
Their supposition was that consumers attribute negative human traits (i.e., dark personality traits) to brands when they believe those brands are involved in conspiracy theories and essentially act against their interests.In three imaginative studies they showed that when consumers believe a brand is involved in some sorts of conspiracy, they perceived them as having a Machiavellian personality, which decreases their trust and purchase intentions.Further, these beliefs were modified by external locus of control beliefs,

This Study
This study has two research aims.The first is to develop a comprehensive and up-to-date questionnaire that covered business and commercial conspiracy theories.The questionnaire was based on Furnham (2013) but we removed and added a number of items based on the current literature.We were particularly interested in its factor structure and internal reliability: that is what themes there were in BCCCs.We believe it is important to develop an up-to-date and comprehensive questionnaire for research in this field.The second was to examine the correlates of these beliefs looking at demographic factors (sex, age, education), ideological factors (religious and political beliefs), and self-ratings.This helps to understand the development and maintenance of these particular beliefs.We recognized also that we should assess the extent to which respondents could indicate the extent to which they did not know, rather than omit the item or indicate a mid-point scale.Our interest was in which of these personal factors was most closely associated with BCCC.

Participants
A total of 400 participants completed the questionnaire: 207 were men and 193 were women.They ranged in age from 18 to 76 yrs, with the mean age being 40.76 years (SD = 14.06 years).All had secondary school education and around half were graduates.In total, 45% were single and 40% married.In all 72% classified themselves as ethnically white, and 12% black Participants rated their beliefs on two scales: Religiousness (1 = Not at all to 9 = Very, M = 3.69, SD = 2.90), Politics (1 = Conservative to 9 = Liberal, M = 6.14, SD = 2.23).Optimist 1 = Not at all to 9 = Very, M = 6.12,SD = 2.05.They were all fluent in English.

Measures
Consumer attitudes This questionnaire had the following instructions: Some people are deeply cynical and sceptical about how many companies operate.Others are quite happy to accept the fact that most companies operate within the law and are both honest and "above board" in their advertising and manufacturing.This questionnaire asks you to read a number of statements used before in research projects and to indicate the extent you agree with them.You also have the option of saying you Don't Know.Please indicate the extent to which you agree-disagree with the following:

Procedure
Data were collected on Prolific, to obtain a reasonable sample.Participants are paid volunteers who have to fulfill various criteria.The questionnaire took an average of 15 minutes to complete.Participants were paid the standard rate ($3.50) for this task.Data was collected in the first week of 2023.Data was inspected and cleaned before analysis.

Results
Table 1 provides a breakdown of the answers for every question presented.There was a notable group of participants who chose the "don't know" option in their responses.Specifically, questions numbered 11, 12, 15, and 38 saw more than 100 respondents selecting "don't know".This represents a quarter of all participants.
As a result, we removed these items from analysis due to variance considerations.
Next, there were those items which attracted the highest (most disagreement) score: In all five scores over 7.25 namely 50, 10, 13, 37 and 23.There was no apparent theme in these items.Third, there are similarly a number of items which attracted low (most agreement) scores under 3.90 namely 58, 54, 5, 27, 15.
We then computed a number of factor analyses (orthogonal and oblique rotation; using/not using mean substitutes for don't knows) to determine the underlying structure of the items.After inspection we decided on a varimax rotated analysis and chose items that loaded > .50 on the factors with an Eigenvalue > 2.00.This revealed four factors.The first showed the highest loading items as 42, 40, 26, 45, 43, 8, 22, 32, 44 and 15.This was labelled Dishonest Practices and had an Alpha of .90.The second factor had six items loading > .50 which were 35,23,41,36,34,31.This was labelled Bribery and Corruption and had an Alpha of .85.The third factor had five item loading < .50 which were 50, 57, 52, 10, 29.It was labelled Marketing Tricks and had an Alpha of .82.The final factor had four items loading > .50 which were 3, 17, 6, 14.This was labelled Profit Motive which had an Alpha of .85.
We correlated these factors with participant demography (sex, age, education), ideology (religious and political beliefs).Effect sizes were small.Using the factors scores as the independent/criterion variable we then computed four regressions with dependent variables being demography and ideology.Three were significant but accounted for less than 7% of the variance.

Discussion
As noted by Lunardo et al., (2023), ten years after Furnham (2013)  Most people recognize that commercial organisations have to be very competitive and imaginative to survive and thrive in the modern world.This inevitably means exploiting advertising and marketing techniques which while they might increase sales, may be considered to be unethical but not necessarily illegal, though that can be a thin line.Furthermore, they also recognize through regular media exposure that some individuals and organisations actually break the law in attempts to make money.People may be cynical, sceptical, disinterested or enthusiastic about business practices in the pursuit of profitability.
This study suggests that many people are highly scerptical about many business practices.Some items that participants most agreed with were benign: Supermarkets design their stores to encourage to buy more than is on your shopping list, and Junk mailers use "sneaky tactics" to get people to open the envelope.
However, others were much more cynical about business practices such as their strong agreement with items such as: Many big international companies bribe politicians to get what they want; Nearly all big multi-nationals avoid paying fair taxes; Companies sell medically prescribed drugs which they know are addictive; and Many food and fashion brands illegally exploit third world labour.
It is also apparent that people understand the purpose of advertising and general business practices in a free market.They understand and appear to accept the fact that advertisers, marketing people and shops use techniques that encourage sales.Hence they agreed that: Store cards are used to target you to buy more; All stores use well know "pricing tricks" to fool you into buying; Shops often trick you with pricing cons: i.e., putting up prices for a few minutes, then down claiming big discounts; and Tech companies deliberately produce products such as cell phones that do not last you more than two years to get you to buy another one.This could be seen as healthy scepticism and weariness about the dubious world of advertising and marketing.
Despite many different analyses, the factor analytic results did not suggest any very clear and distinctive factors such as issues very specifically concerned with bribery, tax evasion, false advertising.It may have been better to devise a number of these categories and then devise items for each.On the other hand, this may simply indicate that people are either overall deeply cynical, or perhaps skeptical about numerous business practices.Of course, there is the question of whether these ideas could be called conspiracies, except when organisations flout the law and make false claims.It is not certain whether people believe there are hidden cartels with secret plots.Rather it seems people are simply deeply sceptical about what they are told by certain companies in particular sectors.

Table 1 .
Means and SDs for each item and number of Don't Knows.