Subject category:
Ethics and Social Responsibility
Published by:
Harvard Business Publishing
Version: 19 April 1999
Length: 15 pages
Data source: Field research
Abstract
Fola Adeola, the CEO of Nigeria's Guaranty Trust Bank and one of its founders in 1991, is considering what should be done to maintain the bank's original vision and vitality in the face of its rapid growth and success in the marketplace. Known for its high ethical standards, the bank is planning to expand inside and outside Nigeria. Among Adeola's concerns is what to do about employees' insistence on underpaying their personal income taxes - a practice he regards as inconsistent with the bank's mission of being a role model for society. A rewritten version of an earlier case.
About
Abstract
Fola Adeola, the CEO of Nigeria's Guaranty Trust Bank and one of its founders in 1991, is considering what should be done to maintain the bank's original vision and vitality in the face of its rapid growth and success in the marketplace. Known for its high ethical standards, the bank is planning to expand inside and outside Nigeria. Among Adeola's concerns is what to do about employees' insistence on underpaying their personal income taxes - a practice he regards as inconsistent with the bank's mission of being a role model for society. A rewritten version of an earlier case.
Settings
Location:
Industry:
Size:
USD200 million revenues, 600 employees
Other setting(s):
1996-1998