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ABOUT TYCO
ABOUT SCANDAL
100
When was the company founded?
1960
100
When did the scandal happened?
2002
200
Who is the CEO & CFO of Tyco?
Dennis Kozlowski & Mark H. Swartz
200
what was the penalty to the CFO & CEO?
they are sentenced to 8-25 years in prison
300
What are the main products of Tyco? HINT there are two
Security solutions & Fire protection
300
Give some examples who was affected by the scandal?
Inside:CEO&CFO, employee, firm Outside:investors
400
What is the slogan of the company?
a vital part of your world
400
What was the scandal?
CEO&CFO stole money from the company, and they sold the stock without telling the investors; used company's money to purchase personal items
500
Where is the incorporation headquarter located?
Swizerland
500
In the future, what can the company do to avoid a scandal like this?
Accounting legislation & accounting standard; Internal control; External control; the top of company should be positive and follow the rules