Case ID: 111035
Abstract:
Case
Solution & Analysis for The Crisis at Tyco-A Director's Perspective by Suraj Srinivasan, Aldo Sesia
In 2002, Wendy Lane had been a member of the board of directors at Tyco International a little more than a year when the company's CEO, Dennis Kozlowski, and other top executives were accused of fraud, which ultimately led to resignations, imprisonments, lawsuits, and SEC filings. In a short period of time Tyco lost two-thirds of its market value. Many outside the company questioned the board's leadership and diligence. Lane, who had a successful career in investment banking before becoming a professional director, was caught in the firestorm. The case discusses the events that led to the crisis, her reflections on managing the crisis both personally and professionally, the reputational risk she encountered, and the lessons she learned as a director.
Keywords:
Accounting, Accounting methodologies, Advertising, Blue-sky laws, Board of directors, Corporate governance, Crisis management, Cross functional management, Finance, Financial engineering, Internal controls, Investment trusts, Leadership, Litigation, Problem solving, Reputations, Risk management, Teams, Types of audits, The Crisis at Tyco-A Director's Perspective
Case
Solution
Click Here to place your order
OR
Contact us directly at ordercasesolutions@gmail.com if you want to solve the above case.
Search
Categories
- Accounting
- Business & Government Relations
- Business Ethics
- Economics
- Entrepreneurship
- Finance
- General Management
- Human Resource Management
- Information Technology
- International Business
- Marketing
- NACRA Cases List
- Negotiation
- Operations Management
- Organizational Behavior
- Service Management
- Simulations
- Social Enterprise
- Strategy
- Teaching & the Case Method