Case Study on Tyco: I’m Sure That It’s a Nice Shower Curtain Business Ethics Mba 6301

Case Study on Tyco:

I’m Sure That It’s a Nice Shower Curtain

Business Ethics MBA 6301

Gerald A. Thomas SID #15533

1. Summarize the overall viewpoint of the author, and discuss the major issues presented in the case. Review the Questions for Thought. Answer these three questions using the business ethics principles from the textbook.

In my opinion, I believe that the author wanted to show just how corrupt leaders can become without any accountability. I believe that Tyco’s CEO Dennis Kozlowski was a charismatic leader that was very likable leader that counted on his likability to run his company in a wild and careless manner. He was able to keep people on his side by involving them in his deceptive actions and embezzlement. He ensured that others were able to get in on the action to keep from being exposed for the crook he had become.

According to Stanwick & Stanwick (2009), “On May 18, 2002, Tyco CEO Dennis Kozlowski, who had received his degree in accounting and finance from Seton Hall University in 1968, gave the commencement address to St Anselm’s College in Manchester, New Hampshire. He talked about the difficult decisions that the graduates would have to address in their lifetime. He stated that the graduates would have questions that would test their moral standards. He told the student that the questions would get tougher and the potential consequences would be more severe, so his advice was to do not the easy thing, but the right thing. Less than two weeks later, on June 1, 2002, Dennis Kozlowski, who had worked at Tyco since 1975, announced to the board of directors for Tyco International that he was the subject of a criminal investigation in New York for evasion of sales taxes on a painting he had purchased in Manhattan. The board of directors demanded that he step down as CEO of Tyco, and he did on June 3, 2002. Tyco told the media that Kozlowski had resigned for “personal reasons.” By resigning and not being fired, Kozlowski was no...