The Bribery Scandal at Siemens AG
» Business Ethics Case Studies
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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As a fallout of this scandal, the CEO of the
company, Klaus Kleinfeld, and the chairman of the supervisory
board, Heinrich von Pierer, had to resign even though they were
not directly implicated.
» Understand the impact of the bribery scandals unearthed at Siemens AG on the
company and the economic climate in Germany
Siemens AG, Bribery Scandal, Government Contracts, IG Metall, Germany, Heinrich von Pierer, supervisory board, Management Board, Klaus Kleinfeld, Co-determination law , Mitbestimmung, Enel SpA, embezzlement fraud, Tax evasion, Slush funds, Corporate Governance, Business Ethics, Anti-public-corruption compliance
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