Accounting Fraud at Xerox Corporation: Ethical Considerations
DOI:
https://doi.org/10.33423/jlae.v16i5.2657Keywords:
Leadership, Accountability, Ethics, Xerox, Accounting Fraud, Ethical Issues, Code of Ethics, Professional BehaviorAbstract
Management at Xerox Corporation faced with strategic mistakes and tough economic environment resorted to creative accounting to meet financial targets and Wall Street expectations. This case presents a brief history of Xerox Corporation, followed by Xerox’s corporate culture in the 1980s & 90s, and the SEC investigation. The focus of the case is the actions of an assistant treasurer that top management used to guide Xerox through tough economic times and help make financial results appear more favorable. A teaching note is included. The case may also be used for exploring strategic issues or accounting issues and the mechanics of GAAP violations.
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Published
2019-12-30
How to Cite
Butala, A., & Khan, Z. U. (2019). Accounting Fraud at Xerox Corporation: Ethical Considerations. Journal of Leadership, Accountability and Ethics, 16(5). https://doi.org/10.33423/jlae.v16i5.2657
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