Purchase Solution

Tyco International: culture, opportunity, unrepentant

Not what you're looking for?

Ask Custom Question

Tyco International Case Study
1- What role did Tyco's corporate culture play in the scandal?
2- How did Dennis Kozlowski have the opportunity to stead $137 million in unauthorized bonuses?
3- Why is Kozlowski, now a prisoner for a long time unrepentant about his conduct as CEO of Tyco?

Purchase this Solution

Solution Summary

Your tutorial is 293 words plus five references and give you some ideas to start on your discussion.

Solution Preview

1 Tyco's "tone at the top" was aggressive and did not respect authorizations or internal controls. Most of their board of directors were insiders and officers could buy and spend unlimited amounts without approvals from anywhere else. This is a basic internal control (authorization) omission and would set the tone for others to fail to seek approvals or establish controls. Further, Tyco openly supported pushing of the rules and engineering transactions to arrive an desired financial amounts. The managers priced Tyco stock to make the deal look like a profit when it was, in fact, a loss, and paid large bonuses for ...

Solution provided by:
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
Recent Feedback
  • "hey just wanted to know if you used 0% for the risk free rate and if you didn't if you could adjust it please and thank you "
  • "Thank, this is more clear to me now."
  • "Awesome job! "
  • "ty"
  • "Great Analysis, thank you so much"
Purchase this Solution


Free BrainMass Quizzes
Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.