Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • March 2020 (Revised April 2021)
  • Case
  • HBS Case Collection

Odebrecht's 'Transformation Journey' (A)

By: Suraj Srinivasan, Lynn S. Paine, Ruth Costas and Mariana Cal
  • Format:Print
  • | Language:English
  • | Pages:41
ShareBar

Abstract

At the center of one of the largest corruption scandals in Latin America, Brazilian conglomerate Odebrecht signed a leniency agreement with American, Swiss and Brazilian prosecutors in 2016 admitting to paying bribes in 12 countries. In an effort to regain financial stability and restore its damaged reputation, the Group overhauled its governance and set in motion a major organizational transformation effort. The case describes the Group's transformation journey and details various dilemmas that the new board of directors faced as the Group sought to put the scandal behind it and forge a path to the future.

Keywords

Board Of Directors; Organizational Transformations; Business Ethics; Corruption; Internal Controls; Business And Government; International Business; Engineering And Construction; Family Businesses; Corporate Misconduct; Corporate Governance; Governing and Advisory Boards; Transformation; Organizational Culture; Crisis Management; Ethics; Engineering; Family Business; Crime and Corruption; Emerging Markets; Construction Industry; Brazil; Latin America

Citation

Srinivasan, Suraj, Lynn S. Paine, Ruth Costas, and Mariana Cal. "Odebrecht's 'Transformation Journey' (A)." Harvard Business School Case 320-002, March 2020. (Revised April 2021.)
  • Educators
  • Purchase

About The Authors

Suraj Srinivasan

Accounting and Management
→More Publications

Lynn S. Paine

General Management
→More Publications

Related Work

    • March 2020 (Revised April 2021)
    • Faculty Research

    Odebrecht's 'Transformation Journey' (A)

    By: Suraj Srinivasan, Lynn S. Paine, Ruth Costas and Mariana Cal
    • May 2021 (Revised May 2022)
    • Faculty Research

    Odebrecht's 'Transformation Journey' (B)

    By: Lynn S. Paine, Ruth Costas and Pedro Levindo
Related Work
  • Odebrecht's 'Transformation Journey' (A) By: Suraj Srinivasan, Lynn S. Paine, Ruth Costas and Mariana Cal
  • Odebrecht's 'Transformation Journey' (B) By: Lynn S. Paine, Ruth Costas and Pedro Levindo
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College