Tyco

Tyco 's Scandal

One of the ethical issues on the Tyco 's scandal was the conflict of interest with the chairman of the board of directors being a Tyco employee (Ferrell et al , 2008 . While an outsider would have followed up any conflicts , Kozlowski was not in a position to reflect any negative happenings in the company . So in essence he was in a position to influence the board of directors according to his wishes and the wishes of the company

Another ethical issue was Kozlowski and his closest team would fire

any employee or anyone who question their activities (Ferrell et al , 2008 Eliminating those who opposed them meant that they did not have to account to anyone . Without accountability , they could follow unethical business practices . They wanted people who thought like them and who would be blind to the violations they made . They wanted to run Tyco like a private company and for other employees to comply with their way of doing things including firing who did not generate revenue which put undue pressure on their mergers (Ferrell et al , 2008

Kozlowski 's team did not have integrity . They rewarded themselves for doing what was already their job . This led to misappropriation of funds that should never have been . The culture of extravagance they practiced also meant that they did not have the best interest of the company at heart (Ferrell et al , 2008 . They did not protect the company 's assets Those who knew what Kozlowski was...