Ethics -Radio Shack Ceo Sacandal

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Introduction:

Ethics is the consideration of how human actions can improve or deteriorate the environments in which we work and live. In the wake of recent corporate scandals like Enron and WorldCom leading to trials and imprisonment of previously powerful (Chief Executing Officer) CEO’s public trust in CEO’s has diminished. Therefore when the story about the forged academic credentials of Dave Edmondson, CEO of Radio Shack came it re-ignited the mistrust. This paper will provide a brief background of the scandal and detailed analysis of the ethical issues involved and whether the actions taken by RadioShack were ethical or not.

Background:
Dave Edmondson was on a fast career track and was named CEO of Radio Shack in May 2005. In February, 2006 Radio Shack announced that its CEO, David Edmonson has resigned over questions raised over his resume. The Fort Worth Star- Telegram discovered that he had not earned degrees in theology and psychology from Heartland Baptist College as claimed on his resume. Moreover Edmonson had only finished two semesters at the college and the college did not even offer a psychology major. Edmonson admitted to the errors calling them “misstatements” and resigned in the aftermath of the corporate scandal.

Analysis:
The main issue about this case is not just forging of the academic credentials but how Radio Shack handled the case that generated criticism from public and turned it into a media circus. The basic hypernorms of honesty and integrity were not met by RadioShack in handling the situation. Edmondson did not display fairness towards Radio Shack by trying to communicate the value of knowledge via false degrees. It was not just the disappointing fact that Edmondson lied on his resume but what was equally troubling was the individual and corporate response to the scandal. Radio Shack supported its CEO and failed to give public any substantial answers. The ethical question then becomes that what is the responsibility of...
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