Supplement | HBS Case Collection | October 2012

Olympus (B)

by Jay W. Lorsch, Suraj Srinivasan and Kathleen Durante


This case outlines Michael Woodford's awards and honors, after having been fired from Olympus in October 2011. It discusses the repercussions following an investigation into the fraud and the report that was released thereafter. It also discusses the lawsuit that followed (filed by Woodford against Olympus), its settlement, and the new Olympus board and the fate of the Olympus executives who were at Olympus while the scandal occurred.

Keywords: accounting; corporate governance; Accounting; Corporate Governance; Health Industry; Electronics Industry; Japan;


Lorsch, Jay W., Suraj Srinivasan, and Kathleen Durante. "Olympus (B) ." Harvard Business School Supplement 413-075, October 2012.