It's not an MBA nor an ATPL. Neither one makes you any more or less ethical. Or intelligent for that matter.
The issue is senior management who are incompetent at running a business, have no ideas for how to improve it other than adding more weight at the top.
When things get tough and your 'business model' doesn't work, take on more debt and buy another failing company. Turning two failing companies into one big failing company is what some people call 'innovation'.