Abstract

Boeing’s Board had independent directors in the majority. The company was also well-known for the values and ethical code of conduct it had laid down. However, the company came under criticism on several occasions for its alleged unethical practices. The case focuses on these ethical lapses that are alleged to have occurred in Boeing. The case gives detailed information about the various lapses at Boeing - an accounting scandal, the Lockheed Martin controversy and the tanker lease deal controversy.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Role of the board in ensuring ethical practices.

Keywords

Boeing, directors, values, ethical, code of conduct, criticism, unethical practices, ethical lapses, accounting scandal, Lockheed Martin, tanker lease deal controversy