Caught on the wrong side of ethics

The latest issue of RSM Outlook magazine, published online by Rotterdam School of Management, Erasmus University (RSM) this week, makes gripping reading and includes one of the frankest interviews the magazine has ever published. The interview is part of an examination into ethics in business. MBA alumnus Leo van de Voort, former CFO of scandal-hit RDM is interviewed by a senior RSM faculty member. 

Leo van de Voort completed his MBA at RSM in 1989 and subsequently took up various executive positions including chief financial officer at RDM Technology Holding BV (RDM), part of a corporate empire that went bankrupt in 2004 in a financial scandal that rocked the Dutch establishment. Leo van de Voort was sentenced to four months’ probation and 234 hours of community service for his involvement in the RDM affair.

RSM Outlook arranged for Leo van der Voort to be interviewed by RSM’s Professor of Business Ethics and Integrity Management Muel Kaptein. The pair explore the ethical choices Leo made that so affected the course of his life, and his opinion of ethics in business.

The interview is one of three views of ‘how businesses go bad’ in the summer 2015 issue. Others include being led astray by cultural and behavioural dynamics and what the recent prominence of ethics means for business.

A regular highlight is the executive interview, this time with RSM alumnus Pieter Zwart, CEO of successful online retailer Coolblue; he explains what makes the company a success and why the high street is in terminal decline.

RSM is developing fruitful relationships in China. The new RSM Outlook explains why the alumni network is essential to its success from Dr Ying Zhang, RSM’s associate dean for China business and relations. There’s also a close look at the alumni experience itself, with alumni who successfully took part in a consultancy competition very recently, and their counterparts who triumphed in the same competition five years ago.

RSM Outlook helps RSM alumni keep up with their network, with reports of enterprises, movers and shakers and their recent career advances, and how RSM helps alumni continue with lifelong learning.

Regular features include welcoming words from the Dean, and an academic interview with RSM’s Steve Kennedy and Paolo Perego who explain the relatively new phenomenon of Integrated Reporting, which helps organisations rethink the ways in which they create value by bringing together their social, environmental and financial targets.

The latest issue of RSM Outlook is online. Download it here

More information

Rotterdam School of Management, Erasmus University (RSM) is a top tier European business school and ranked among the top three for research. RSM provides ground-breaking research and education furthering excellence in all aspects of management and is based in the international port city of Rotterdam – a vital nexus of business, logistics and trade. RSM’s primary focus is on developing business leaders with international careers who carry their innovative mindset into a sustainable future thanks to a first-class range of bachelor, master, MBA, PhD and executive programmes. RSM also has offices in the Amsterdam Zuidas business district and in Taipei, Taiwan.

For more information on RSM or on this release, please contact Marianne Schouten, Media & Public Relations Manager for RSM, on +31 10 408 2877 or by email at

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