Ethics in Business

Paper Summary:

This paper examines the effect that corporate leadership can have on the ethical standing of a corporation. The author focuses on Dennis Kozlowski, former CEO of Tyco, and the series of unethical actions that he committed during his tenure as CEO of Tyco. The paper draws some conclusions regarding the connection between the unethical actions of a corporate leader and the ethical business environment of the corporation as a whole.

From the Paper:

"Corporate greed, excess, and especially illegal activities to those effects have become center-stage in the public's scrutiny of big business. With scandals like Enron, WorldCom, and even Martha Stewart, the public seems to have an almost insatiable blood-lust to see the rich and powerful pay for their crimes. More importantly, however, is the fact that corporate greed and excess among the leaders of a corporation have a way of infiltrating the whole of the culture of a corporation and leading to unethical behavior throughout the company in the long-run. Employees, like children, often learn by example. If the CEO thinks its permissible to abuse company resources, then how long will it be before employees throughout the company hierarchy do the same?"

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