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For four years, Valerie Thorpe was Director of Accounting for Taurus Construction. She was fired by the company's owner, Vic Bullard, when she refused to falsify accounting entries. Bullard's directive would have lowered profits, thereby deceiving his business partner and committing tax evasion. Until her firing late in the spring of 2011, Valerie had a few concerns about Bullard's lack of ethics in his business dealings. However, she has not questioned him previously because of her own emotional condition after the unexpected death of her husband. During the spring 2011 semester in graduate school, Valerie was inspired when her classmates recounted their own experiences of resigning from jobs because of unethical managers and owners. Valerie had thought of resigning from Taurus; but, Bullard fired her first. Six months after her firing, Valerie is seriously contemplating whether she should report Bullard's tax evasion to the Internal Revenue Service.

Field Based Research. Interviews with the case protagonist.

The case is suitable for graduate and undergraduate courses in business ethics, accounting ethics, entrepreneurship, income tax accounting and an undergraduate auditing class.

This is a real-life case applying ethical frameworks coverage of which can be challenging as students perceive those theories and frameworks as “dry.”

The purpose of this paper is to examine the leadership style of Muhammad (p) within a character‐centric framework as a useful alternative to the transactional, self‐centered model and the value‐neutral transformational approach that currently permeate business management. The author differentiates such perspectives from the character‐centered, moral approach to leadership suggested by the Qur’an and modeled by Muhammad (p), and proposes that this approach may be of practical use to CEOs.

A conceptual, comparative discussion of Muhammad's leadership style based on the primary Islamic sources is shown to have practical implications for the leadership process in management.

The current malaise in business leadership can be resolved by a new focus on character and on virtues.

The character‐centered, moral approach of Muhammad provides exemplars of virtues and behaviors that, if emulated by CEOs, may help pre‐empt potentially self‐serving, individualistic and narcissistic tendencies.

The leadership model of Muhammad has been applied to a number of arenas before, but this is the first attempt at explicating the Qur’anic emphasis on the role‐modeling aspects of his character (khuluqin azeem). When fully expounded, it is likely to offer a more virtue‐centric alternative to transactional and/or transformational approaches to leadership and their associated relativistic values.