2 Table of Contents Introduction......................................................................................................................................3 Description of Ethical Business Case..............................................................................................3 The Scandal Unfolds........................................................................................................................4 Causes and Contributing Factors.....................................................................................................5 Negative Outcomes and Repercussions...........................................................................................5 Personal Reflections........................................................................................................................6 Selection and the Value of the Case.............................................................................................6 The Reason This Happened.........................................................................................................7 Culture and sales objectives of the organization......................................................................7 The Dynamics of Leadership and The Form of Ethical Blindness..........................................8 Incentives systems and unethical behaviors.............................................................................8 Regulatory Supervision and Corporate Governance................................................................8 How The Situation Could Have Been Avoided............................................................................9 Ethical Leadership and Corporate Culture...............................................................................9 Restructuring Incentive Systems............................................................................................10 Reinforcing Internal Controls and Supervision......................................................................10 Circ*mstances And Outcomes of This Ethical Dilemma Inform Future Executives.................10 Ethical Leadership..................................................................................................................11 Promoting Ethical Corporate Culture.....................................................................................11 Accountability and Transparency...........................................................................................11 Stakeholder Engagement and Social Commitment................................................................12 Conclusion.....................................................................................................................................12 References......................................................................................................................................13
