BUSINESS: UNETHICAL BUSINESS PRACTICES
L. Dennis Kozlowski, CEO of Tyco International Scandal A fish rots from the top down. This phrase sums up the scandal of Tyco International when its CEO, Dennis Kozlowski, was found guilty on many fraudulent accounts. His actions were in direct violation of the accounting ethics. Kozlowski was arrested along with many of his company officials as partners in crime. When the CEO of a company is involved in violating code of ethics and professionalism, the employees and subordinates find it convenient to follow suit. Former chief executive and chairman of Tyco International, Dennis Kozlowski and firm’s CFO ...
