Abstract

In 2003, Lee and Li encountered the biggest crisis in its 40 plus years of history. Lee and Li was the custodian of US technology company SanDisk’s stock investment in Taiwan, and one of its staff had sold the stocks without authorization and run away with the proceeds. The embezzlement left the law firm in huge debt to SanDisk. Nonetheless, Lee and Li managed to negotiate a deal with SanDisk and in the subsequent years repaid the embezzled money.

Learning Objectives

The learning objectives of this case are to alert students:

1. the principles of crisis management;
2. the dimensions of ethical leadership and decision making;
3. the impacts of crisis; and
4. the influence of corporate culture and values during the crisis