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Ethics

Golden Parachute

Dennis Kozlowski Was Not a Thief

Harvard Business Review

JANUARY 7, 2014

After Kozlowski was convicted in 2005, I began including case studies about the Tyco corporate scandal in the business ethics classes I taught. The directors needed Kozlowski to be convicted for a number of reasons, not the least of which was a half billion dollar golden parachute the company would owe Kozlowski if he was found not guilty.

Golden Parachute

Golden Parachute Committee Ethics Policies

How IBM's Sam Palmisano Redefined the Global Corporation

Harvard Business Review

JANUARY 18, 2012

He also forced partners and distributors to commit in writing to uphold IBM's strict ethical standards. In 2009 he called off the $7 billion acquisition of Sun Microsystems in part due to Sun's egregious golden parachutes. As Palmisano built IBM into the world's leading information technology company, its competitors dithered.

Globalization

Globalization Golden Parachute Short-term Long-term

Dennis Kozlowski Was Not a Thief

How IBM's Sam Palmisano Redefined the Global Corporation

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