The Bribery Scandal at Siemens AG

Case Studies | Case Study in Business, Management, Operations, Strategy, Case Study

ICMR HOME | Case Studies Collection

Case Details:

Case Code : BECG106
Case Length : 18 Pages
Period : 2006-2009
Pub Date : 2010
Teaching Note : Available
Organization : Siemens AG
Industry : Diversified
Countries : Germany

To download The Bribery Scandal at Siemens AG case study (Case Code: BECG106) click on the button below, and select the case from the list of available cases:


For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges

Business Ethics Case Studies
Case Studies Collection
Short Case Studies
View Detailed Pricing Info
How To Order This Case
Business Case Studies
Case Studies by Area
Case Studies by Industry
Case Studies by Company

Please note:

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.

<< Previous


Background Note

Siemens was initially started as Telegraphen-Bauanstalt von Siemens & Halske (Siemens & Halske) in 1847 by Werner von Siemens (Werner) and a mechanical engineer, Johann Georg Halske (Halske)...

A Series of Scandals Rocks Siemens

Slush funds to win contracts abroad
On November 15, 2006, around 30 offices and private homes related to Siemens and its employees were raided by some 200 police officers, tax inspectors and prosecutors in Munich, and other cities of Germany, to probe suspicions of bribery, embezzlement of company funds and tax evasion...

Repercussions of the Scandals

The series of bribery allegations came in the aftermath of Siemens' sale of its loss-making mobile handset unit in 2005, to a Taiwanese company, BenQ. Here too, Siemens did not cover itself in glory as it was seen as having got rid of the unit because it could not easily lay off its employees...

Initiatives at Siemens

After the bribery scandals were unearthed at Siemens, the company started many initiatives to strengthen its corporate governance and compliance controls. A law firm Debevoise & Plimpton LLP (Debevoise & Plimpton) was appointed to conduct an independent and comprehensive investigation into the company's compliance and control system with the help of the independent auditor for Siemens, KPMG...

Excerpts Contd...>>


Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Work Books, Case Study Volumes.