Dennis Kozlowski: The Implications of Unethical Behavior Essay

Brief Historical SummaryDennis Kozlowski, is the causation tribal chief Executive Officer (CEO) of Tyco International Ltd. During his tenure, Kozlowski engaged in activities that were considered unethical. In 2005 Kozlowski was convicted of misapplication of embodied funds. Kozlowski had been involved in illegal and unethical fashion during nigh of his tenure. The findings that go away to the conviction of the former CEO were due to the immovable skeptical and interrogating tactics of the sh beholders and stakeholders because Kozlowski held within his authority to illuminate decisions that could change the runway of the company. headache ethics, auditing practices, and government regulations will forever be affected by the $ vitamin D million loss endured by the company. Needless to say this filth had an study impact on the economy and the business concern world. Kozlowskis gigantic suck up of bad decision making is used by businesses as strong as academics as an ex amples of unethical behavior and why indispensable controls ar important to incorporated establishment. As the primary indicator of performance, corporate governance reports often display the strength and weaknesses of the company but ar still as reliable as the set of values and ethics of the individuals implementing the rules. Unethical behavior/event examinedWas it unethical practices, low governmental regulations, or bad organizational behavior that lead Kozlowski to make the decisions that lead to the 2005 conviction? Vasile (2004) defined business ethics as breeding what is practiced and what is wrong and simply insideng what is right (p. 2). However, the actions attached to the decisions are non always as easily derived. In most instances, leaders are set about with making the decision as to what is... ...934USA Today. (2005) Timeline of Tyco International Scandal. Retrieved from http//usatoday30.usatoday.com/ cash/industries/manufacturing/2005-06-17-tyco-timel ine_x.htmValentine, S., & Fleischman, G. (2008). master key ethical standards, corporate cordial responsibility, and the perceived role of ethics and social responsibility. Journal of furrow Ethics, 82(3), 657-666. doi10.1007/s10551-007-9584-0Bandsuch, M., Pate, L., & Thies, J. (2008). Rebuilding stakeholder trust in business An examination of principle-centered leadership and organizational transparency in corporate governance. Business & Society Review. 113(1), 99-127. doi10.1111/j.1467-8594.2008.00315.xCaldwell, C., Hayes, L.A., & Long, D.T., (2010). Leadership, trustworthiness, and ethical stewardship. Journal of Business Ethics. 96497512. doi 10.1007/s10551-010-0489-y Dennis Kozlowski The Implications of Unethical Behavior EssayBrief Historical SummaryDennis Kozlowski, is the former Chief Executive Officer (CEO) of Tyco International Ltd. During his tenure, Kozlowski engaged in activities that were considered unethical. In 2005 Kozlowski was convicted of misa ppropriation of corporate funds. Kozlowski had been involved in illegal and unethical behavior during most of his tenure. The findings that lead to the conviction of the former CEO were due to the persistent questioning and interrogating tactics of the shareholders and stakeholders because Kozlowski held within his authority to make decisions that could change the course of the company. Business ethics, auditing practices, and government regulations will forever be affected by the $500 million loss endured by the company. Needless to say this scandal had an major impact on the economy and the business world. Kozlowskis long line of bad decision making is used by businesses as well as academics as an examples of unethical behavior and why internal controls are important to corporate governance. As the primary indicator of performance, corporate governance reports often display the strength and weaknesses of the company but are only as reliable as the set of values and ethics of the p ersons implementing the rules. Unethical behavior/event examinedWas it unethical practices, poor governmental regulations, or bad organizational behavior that lead Kozlowski to make the decisions that lead to the 2005 conviction? Vasile (2004) defined business ethics as learning what is right and what is wrong and simply doing what is right (p. 2). However, the actions attached to the decisions are not always as easily derived. In most instances, leaders are faced with making the decision as to what is... ...934USA Today. (2005) Timeline of Tyco International Scandal. Retrieved from http//usatoday30.usatoday.com/money/industries/manufacturing/2005-06-17-tyco-timeline_x.htmValentine, S., & Fleischman, G. (2008). Professional ethical standards, corporate social responsibility, and the perceived role of ethics and social responsibility. Journal of Business Ethics, 82(3), 657-666. doi10.1007/s10551-007-9584-0Bandsuch, M., Pate, L., & Thies, J. (2008). Rebuilding stakeholder trust in b usiness An examination of principle-centered leadership and organizational transparency in corporate governance. Business & Society Review. 113(1), 99-127. doi10.1111/j.1467-8594.2008.00315.xCaldwell, C., Hayes, L.A., & Long, D.T., (2010). Leadership, trustworthiness, and ethical stewardship. Journal of Business Ethics. 96497512. doi 10.1007/s10551-010-0489-y