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Essay

Dennis Kozlowski And Tyco

Essay specific features

 

Issue:

Business

 

Written by:

Amber W

 

Date added:

November 20, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 565

 

Was viewed:

9380 times

 

Rating of current essay:

 
Essay content:

Tyco International is an American conglomerate, operating in the electronics, healthcare, fire and security systems, underwater cables, commercial finance and flow control industries. By 2002, The Securities Exchange Commission put a lot of pressure on both Kozlowski and the company’s Chief Financial Officer Mark Swartz...
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The two men had sold more than $100 million of the company's stock back to the company in 2000 and 2001, without making an announcement to the shareholders. “Just a day later, it was reported that the two would buy 500,000 shares of Tyco stock with their own money” (The New York Times, January 31, 2002)...
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