Reference no: EM133499595
Problem: Tyco International Leadership Crisis
In 1960, Arthur J. Rosenberg founded Tyco, Incorporated, which was later named Tyco International. Over the next four decades, Tyco experienced a roller-coaster ride with investments and divestments. In 2002, Tyco was embroiled in a corruption scandal, with money diverted to fund the lavish lifestyle of its chief executive Dennis Kozlowski.
Read the business case - Tyco International: Leadership Crisis - found in the Daniels Fund Ethics Institute - Then, answer the following questions in essay format:
Question I. Provide a brief summary of the corruption case.
Question II. Why is this a case of abuse of leadership power, unethical behavior, and corruption?
Question III. Discuss why leaders are held to a high moral standard.
Question IV. What changes were put in place to address ethical conduct?